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NovaFX replied Dec 6, 2016USDJPY starting to show some early bullish signals??? ^_^ I hope so!
Dragon Riders GBP/JPY
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NovaFX replied Dec 6, 2016Really nice candle starting to form on the 4 hr, we're starting to break out of the consolidation, fingers crossed we can smash through 114.7, if we do, you know there are big stops just above so be ready to rip!!!!
USD/JPY Discussion
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NovaFX replied Dec 6, 2016One way or another, breakout should be happening soon. It's been consolidating for almost 20 hours, range getting smaller and smaller. I'll be waiting to jump in whether we're going up or down.
USD/JPY Discussion
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NovaFX replied Dec 6, 2016Looking at the big picture on the charts both USDJPY and GBPJPY, everything still points upwards for me (this is just my humble opinion). On USDJPY especially there is major trendline support that it has been respecting for weeks and I think there ...
USD/JPY Discussion
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NovaFX replied Dec 6, 2016I'm with you man, looking at the big picture on the charts both GBPJPY and USDJPY, everything still points upwards for me, this is just my humble opinion. Especially on USDJPY there is major trendline support that it has been respecting for weeks ...
Dragon Riders GBP/JPY
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NovaFX replied Sep 30, 2016British data just came in very positive, hopefully that helps to catalyze this move upwards. I've got my eye on that 1H inverse H&S, looks promising
Dragon Riders GBP/JPY
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NovaFX replied Sep 26, 2016The first U.S. Presedential debate began at 9PM EST and created a lot of volatility on certain dollar pairs, especially USDJPY, so it's just cross currency relationships.
Dragon Riders GBP/JPY
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NovaFX replied Sep 6, 2016Hi, all My thought (my hope) is that we drop to 136.8-136.5 before bouncing back towards 138 and dropping again. I believe that the GBP strength will prevent a total breakdown of this pair seeing as this morning's drop was merely a reaction to ...
Dragon Riders GBP/JPY
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NovaFX replied Sep 1, 2016Hey everyone, just wanted to get some opinions on how the US data is going to impact GBPJPY. My thought was that if it comes out positive, the surge in USDJPY would be overwhelming and send GBPJPY up with it, but in that same scenario GBPUSD would ...
Dragon Riders GBP/JPY