The recent concentration on the USDJPY is going to continue for today as we look at where price has moved since our recent posts. In the latest posts we discussed the new higher highs and higher lows that this pair was making. This was making us inclined to look for long trades and price presented …
Time to Get Long on USDJPY | Price Action Commentary | Johnathon Fox
As we spoke about in this blog last week the USDJPY is in a very strong trend higher on both the daily and 4hr charts. We can see a series of higher low and higher highs. The best play in this market has been to look to trade with this trend from any retracements back lower. Price has now broken …
USDJPY Flies Higher | Price Action Commentary | Johnathon Fox
In yesterday's market commentary we posted about the USDJPY forming a small Pin Bar on the daily chart that was formed at the near term support. To read this post see here: USDJPY Daily Pin Bar After posting this setup price moved higher breaking through the high of the Pin Bar and gaining …
