MARKET INSIGHT: On the USD - DXY Related Cross Rate:

Taking advantage of the exchange rate / conversion of a weaker Philippine Peso against both the USD and the Yen. 

Although, the technical formation based on the chart below signifies a Candlestick Tweezer Top have been driven by the market liquidation due to the shortened trading week and relative position adjustments as the end of the 1st quarter trading came to a close. However, a 'Cluster bar' formation would be expected entering into the new month of April as it attempts to raise the bar.

Sequence Update: 
Similar to the formation of the USD as it consolidates in search of the bottom. Hence the daily chart shows the similarity of the price action between the USDJPY and USD Index - DXY can be viewed from a comparative analysis. 

A test nearest and / or above the JPY/PHP cross rate would be at 0.5030 or the equivalent of PHP50.30 +/- well within the 2nd quarter of 2018. And after #USDPHP breaks above 52.75 - 53.10 the first 2-3 weeks of April 2018. As the #USD would gain lost ground especially when #DXY goes above the 90.10/20 and break higher at 90.55 basis point range levels.

 

The distinction of being an accredited investor / trader having access to EBS '#NEX #MARKETS' #UK, trading in #ASIAN - Emerging Currency Markets - #NDFs would be a great way of improving investment portfolio. With the #EBS Direct platforms are indeed more viable to trade nowadays; as deeper access to liquidity markets are suitable for current market conditions that may not be available in other market exchanges.

With Reference to: 

TSOT - Strategic Sequence of Yen Related Trades

The knowledge of the Foreign exchange market can be a dynamic medium for investing and trading the traditional methods which #Asian #US #PH #OFWs / investors and traders can do instead.

Simple and yet quite effective! 

#TSOT - Strategic Sequence of #YEN Related Trades

Adapting to Sentiments Across four (4) Major markets!

USDJPY hits 104.64 low that triggered an equivalent drop on the NK225 at 20559, likewise setting NKDM2018 Futures at 20195; wide price differential and the Yen Futures at 0.009600 inverse price relation with a premium over spot. the strategy is quite expensive though well worth the risk taken as we adjust with the bearish and bullish trade conditions and market sentiments. 

A complex trade strategy which we are accustomed to that magnifies the market potential when the trend signal was first defined last Feb 14 from our market outlook. And with the directional move confirmed when it reached 105.50 and now have broken below these levels.

Thus VALIDATING our price and market call from Feb 14 to the close of March 23, 2018. The sequence of analysis and price action took more than a month from the time the information was conceptualized with the USDJPY last February was still trading at 107.09. And a plan of action was built upon this trade idea moving forward. In any trade call where a greater probability of a market potential in the making needs a follow-through trade especially when the directional trend and price action is reflected right on the charts.

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Relative Information:
Japanese Yen & Equities at the Crucial Cross Road

YEN Gains As TRADE WAR Linger On

When tensions on TRADE WAR looms in the market again especially with China; the Japanese #YEN's flight to safe haven never misses the ACTION. It's been one roller coaster ride too many. Never miss a heart beat even with the slightest market recovery near the 107.00 last week was not sustained. Especially with US equities like the #DOW in triple digit decline.

The market's ability to whipsaw these prices is actually getting a bit tiresome for others we have spoken to who can't keep up with the price swing in both directions. Choppy as they say, but quite favorable for day traders scalping in between trades.

The USDJPY is back at 105.33 which is another step down follow through from its recent high and retesting the lows especially when its going to be a short trading week ahead. Just be aware that sudden unexpected pullbacks on these sessions can occur at any given time due to the nature of volatility in the market especially whenever it's thinly traded. As the upcoming Good Friday is just around the corner likewise the end of the 1st quarter trading 2018.

Market Update As of March 23, 2018:
TSOT - Strategic Sequence of YEN Related Trades 

The futures long 6JYM8 (June contract month) has maintained its pace heading North of the chart. Which is obviously an INVERSE of the SPOT FX USDJPY described in both charts and has formed the same market sentiment of increasing VALUE. 

Then again, an advantage for ASIAN - PH Overseas Filipino Workers in Japan have been following our market sentiments on the relative value of the JPY with is strength as against the depreciating PH Peso. The exchange rate has been to their advantage as the weakness of the PHP provides greater value for their remittances.

This way investments and savings made are favorable for their families which would continue to do so until a reversal is identified, but this may take sometime to occur. This is how MegaTrade101 encourages PH OFWs in Japan to keep track of and gain the knowledge and the monetary benefits by knowing and planning their finances through this simple process similar to a foreign exchange dealer / remittance center. This way they do not have to trade the FX market the same way that we do.

Japanese YEN VALUE Accelerates - USD DXY Continues Decline

FLIGHT TO QUALITY SAFE-HAVEN #CURRENCIES as #VOLATILTY Remains

After the Consumer Price Index (CPI) released a rise of 0.5%. Stocks opened lower and is currently having a roller coaster ride as a TUG of WAR between market players are felt across the board. But the general focus we've had is on the currency particularly the #USDJPY as described on the chart below. In short a 'HOT Red Letter day' for the USD index just in time for Valentine's day, so to speak! 

As the USD tries to form a base to recover but likewise met with market investors flight to safe haven currencies including the #USDCHF doing the same with higher volumes adding to the momentum of the trades even up to this writing. Likewise, even the weakness of the Philippine Peso #USDPHP weakening to its lowest value above 52.00 is a daunting shock for the #YEN to PHP or #JPYPHP exchange rate as seen nearing the 48.00-50.00 range.   

USDJPY as of Feb 14, 2018

Rapid Price Action as Japanese #YEN racing towards an important 'Step-Down' key price levels to challenge the 105.50. Currently trading at 107.09 correction from a knee jerk whipsaw reaction with the USD session decline after initiating a high at 90.12.