Invesco CurrencyShares Japanese Yen TrustTelah dikemas kini FXY: How long can the Yen carry trade last?
There's a monthly time at mode expiration in this instrument coming next month.
It's possible to see a reaction as carry trades get unwound, but it's not clear at what price yet.
The extreme target is not reached, but the time at mode one has been exceeded, and heading for 2x the projected range soon.
I think the dollar rally is about to hit its expiration date, regarding the Euro and the Yen at least, but it can last at least one more month.
Looking at usdjpy closely, and also monitoring the S&P500, TLT, Dax, Nikkei and gold.
These are very interesting times to be a trader!
Will update with more insights and potential trade setups as they come.
Good luck,
Ivan.
It's possible to see a reaction as carry trades get unwound, but it's not clear at what price yet.
The extreme target is not reached, but the time at mode one has been exceeded, and heading for 2x the projected range soon.
I think the dollar rally is about to hit its expiration date, regarding the Euro and the Yen at least, but it can last at least one more month.
Looking at usdjpy closely, and also monitoring the S&P500, TLT, Dax, Nikkei and gold.
These are very interesting times to be a trader!
Will update with more insights and potential trade setups as they come.
Good luck,
Ivan.
Nota
Great reaction when the downtrend expired.Nota
FXE should be a long once it sells off this week and FXY as well.Nota
Time at mode timing is something eh...Dagangan ditutup: sasaran tercapai
Nota
I wonder if we'll see a downtrend in FXY soon. We've tested this level twice so far.
🔒Want to dive deeper? Check out my paid services below🔒
linktr.ee/ivanlabrie
linktr.ee/ivanlabrie
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🔒Want to dive deeper? Check out my paid services below🔒
linktr.ee/ivanlabrie
linktr.ee/ivanlabrie
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.