wildcreamlife
Panjang

YEN Analysis vs Majors

OANDA:USDJPY   Dolar U.S/ Yen Jepun
Let's take a look to YEN Currency like it is right now:

All Major Pairs against the YEN are above 0% level
GBP >0.98% but below new 50% Level for this method
EUR >0.38% but below new 50% Level for this method
USD >1.57% and above new 50% Level for this method

Red Vertical Line crosses pairs in perfect convergence.
USD and EUR have similar clusters, both with >1.5% upside potential movement.
GBP shows a different movement, but not at all 'cause keeps GBPUSD             structure, it means correlated with USD and EUR.

This is absolutely expected with USDJPY             idea published by me in November 2nd of present year, so keep in mind levels I projected.

So, What it means everything this: YEN (JPY) WEAK (just for now). USD, EUR and GBP STRONG (just for few days more).
USDJPY             Long
EURJPY             Long
GBPJPY             Long

Also keep in mind this Currency has to weak up because there are too many sellers on it, so we need new levels to go finally short.

If you want to understand more about of, go to my website

Have a good Weekend and next trading week

Cream Live Trading, Cheers


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