102.550, Here We Come ... ? | $USD $JPY #BOJ #FED #Forex
Friends,
A quick commentary here on the potential temporary unwinding of USDJPY. Predictive analysis and forecasting, combined with proprietary pattern are lining up near 102.550.
OVERALL:
Although the grand scheme remains bullish Dollar, an interim unwinding to the downside is not excluded. A break of 103.428 floor would open up to 102.940. However, as indicated above, a solid floor is defined at 102.550. Therefore, while price unwinds, or carves new structure-highs, I will turn the directional indicator to "Neutral".
This trader's directional bias is neutral to bearish for technicals defined above.
Predictive analysis and forecasting system is neutral to bearish.
Cheers,
David Alcindor
Predictive Analysis and Forecasting
If interested to receive my TradingView forecast instantly through Twitter:
Simply follow me: @4xForecaster.
Here is a recent forecast: tradingview.com/v/52ONNlC8/
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Disclaimer:
- Remember to remain dubious about every and any thing I say. All comments are subjective perceptions based on unshared, proprietary and common knowledge of fundamental analysis, classic technical analysis, basic and advanced pattern trading, as well as personal research in occult market geometries, predictive analysis and quant-based forecasting, some or none of which is being shared in my trading profiles, so do your due diligence and review the disclaimer below.
- Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster
A quick commentary here on the potential temporary unwinding of USDJPY. Predictive analysis and forecasting, combined with proprietary pattern are lining up near 102.550.
OVERALL:
Although the grand scheme remains bullish Dollar, an interim unwinding to the downside is not excluded. A break of 103.428 floor would open up to 102.940. However, as indicated above, a solid floor is defined at 102.550. Therefore, while price unwinds, or carves new structure-highs, I will turn the directional indicator to "Neutral".
This trader's directional bias is neutral to bearish for technicals defined above.
Predictive analysis and forecasting system is neutral to bearish.
Cheers,
David Alcindor
Predictive Analysis and Forecasting
If interested to receive my TradingView forecast instantly through Twitter:
Simply follow me: @4xForecaster.
Here is a recent forecast: tradingview.com/v/52ONNlC8/
-------------------------------------
Disclaimer:
- Remember to remain dubious about every and any thing I say. All comments are subjective perceptions based on unshared, proprietary and common knowledge of fundamental analysis, classic technical analysis, basic and advanced pattern trading, as well as personal research in occult market geometries, predictive analysis and quant-based forecasting, some or none of which is being shared in my trading profiles, so do your due diligence and review the disclaimer below.
- Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster
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