Hello traders it’s Friday and 19th of January and today again a short video analysis. What happened today in the early morning in Asia and very early morning in Europe. We had data from Japan and we found that the inflation rate is as expected. Those were good numbers so let’s see how market reacts to the data.
In this video, I analyze the market movements on Friday, January 19th. I discuss the impact of Japan’s inflation rate on the yen and how it affected other currencies. I also provide insights on the dollar-yen, pound-yen, and euro-yen pairs, highlighting bearish engulfing patterns and divergences. I share my trading strategies and potential profit opportunities. Watch the video to gain valuable insights for your trading decisions.
00:00 Introduction
00:49 Yen Weakening
01:34 Verbal Intervention
02:29 Pound-Yen Analysis
03:43 Euro-Yen Analysis
05:59 Upcoming Data
06:23 Correlation with Bond Yields
07:05 Summary
LIVE EDUCATION SESSIONS
This WEEK (22-26 January 2024 ) I am pleased to invite you to several online sessions. Below is the schedule of meetings:
Links: BASIC (beginners room) ADVANCED ROOM
The above analysis is based on the PA+MACD strategy, a detailed description of which you can read HERE . I will talk more about the PA+MACD strategy applied to these currency pairs during the live trading sessions which you can attend from Monday to Friday.
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