UPDATE: USDJPY @114.37 - NK225 @18513 HEWJ @27.53 as of Dec 01 US session
A Classic example applied in today's market condition between the USDJPY currency pair, an ETF tracking the Nikkei 225 equity index. Where liquidity, a passive income ETF asset allocation are rolled into an effective strategy.
TSOT - Comparative Analysis: USDJPY HEWJ NI225
Excerpt: as of Oct 30, 2016
On the other hand, much of our selective ETFs on equities including our DX futures contracts carry over towards the coming 2017 year have performed well above our expectations. One particular ETF (HEWJ) and the NK225 turn around prior to the USDJPY continuing market signal that registered a remarkable comeback to the 105.50 level prior to today's closing for the month was a welcome treat.UPDATE:
As the USDJPY @110.77 high to this writing, the US Dollar Index - DXY @101.37, NIKKEI 225 @18043, and HEWJ @26.65 from the levels that we have made a market call dated Oct 30, 2016. As indicated with the yellow circled PIVOTAL price staging point for the trend reversal now that it indeed made a newer highs.
Well within the 15 to 18 days period covered before the Price Action on the USD followed thereafter by the rest of the pack.
ReplyDeleteUSDJPY Update as of Nov 23, 2016 : 112.35
ReplyDeletehttps://www.tradingview.com/x/XmLyjpoJ/
As of Nov 23, 2016
ReplyDeleteUPDATE: USDJPY @112.35 - NK225 @18162 HEWJ @26.96
https://www.tradingview.com/x/XmLyjpoJ
The NK225 moved to its highest level @18746 with the continuing trend direction that held above the current 18500. While the correlated HEWJ ETF has maintained its price above the 25.00 a key benchmark resistance which serves as the main support right now.
ReplyDeleteAs the BOJ have signified its role of continuing it monetary policy with the USDJPY @114.37; aiming the 115.50 equilibrium price level moving forward into the middle of December 2016. Global stocks from developed counties has performed well for the month of November with the exception of Emerging markets divergent trend.