Trading Idea USDJPY



Analysis Style : SNR

TF : Daily

Bias :BEARISH USDJPY

Fundamental bias

Japan October Trade Surplus Narrows 41% YoY

Japan GDP Growth Slows to 0.3% in Q3

BoJ Holds Monetary Policy Steady; Trims Inflation Outlook

Japan Jobless Rate Steady at 2.8% for 4th Month

Japan Inflation Rate Steady at 0.7% in September

Japan Trade Surplus Widens 37.7% in September

Japan Jobless Rate Steady at 2.8% for 3rd Month

Japan Inflation Rate at 29-Month High of 0.7% in August


MIX USD

TAX REFORMS

US Retail Sales Unexpectedly Rise 0.2% in October

US Inflation Rate Slows to 2%

US Retail Sales Rise 0.2% in October

US October Budget Deficit Widens Slightly Above Expectations

US Consumer Sentiment Falls From 14-Year High

US Jobless Claims Rise to 1-Month High

US Services Sector Rises the Most Since 2005: ISM

US Trade Gap Slightly Higher than Expected

US Unemployment Rate Drops to 4.1% in November

Long term Technical

To short USDJPY on the pullback zone 113.15

Stop will be at 114.75

Profit target 108.00

Thanks.

I will be sharing how to analyse price charts using trend following methodology in KL Dec Roadtour.


For more info:

https://www.facebook.com/Forexisbiz/videos/1683001035084634/

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