USDJPY Chart Analysis for December 23th

Hello.

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I will begin USDJPY Chart Analysis for December 23th






This is XAUUSD Gold Chart Analysis for last week.

It followed route B, and ended up with drifting sideways, slowly going up.

It went above the final orange trend line.

I assume the uptrend would continue for a while.






Today I brought USDJPY 30m candle chart.

I will briefly summarize,

1. Please check route A & B with A’s long position entry timing / B’s short position entry timing with each price point at the right side.

2. Route A : Please check if it goes down below long position entry point. If it does, please refer to route B. When it goes up, please check if the price breaks out the final green parallel resistance line.

3. Route B : Please check if it breaks out short position entry point. If it does, please check route A.

This is it.

I believe the movement and direction will be decided approximately after tomorrow.

I hope you cope well with it.

I will come back to you tomorrow.

Thank you.



(Translation
Jae Ho Shin)