Saturday, June 25, 2016

#YEN #USD Strength in VALUE ALIGN

The aftermath of the UK vote was the catalyst that provided a strong rally for the #YEN to gain more VALUE for the buck as it did broke and marked a 98.82 USDJPY low before making a slight end of the week price recovery. This has justified our sequence of trades based on Value. As the YEN strength in Value runs in sync with JYU 2016 futures target objective @0.01013 high and knowing when a disconnect will occur thereafter makes a huge difference.

While the indirect correlation of cross trading CABLE & YEN would be more pronounced as the GBPJPY base cross rate is more affected with CABLE / USD price action that gave DXY the relative strength from a CABLE weakness and not necessarily a USDJPY rally. In this exceptional case where the YEN has been a secondary safe haven for JPN225 declines making new lows have been also provided the Hedge strategy for Asian interbank investors alike. MegaTrade101 shall provide a separate insight regarding this cross trade strategy in our next info. 

https://twitter.com/MegaTrade101/status/746616172070608896

1 comment:

  1. @MegaTrade101 Watch #Yen revives Price & Time as #BOJ reinforces Monetary Policy post-election. Market shifts back to #Abenomics. #USDJPY @106.00 levels 1st leg after coming from 98.82 low serves as point of reference.
    link: https://lnkd.in/fsUxTK8

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