USDJPY and Crude Oil remain strong in a quiet market.
MARKET ANALYSISUSDJPYUSD/JPY intraday: intraday support around 159.75.Pivot:159.75Our preference:Long positions above 159.75 with targets at 160.10 160.30 in extension.Alternative scenario:Below 159.
Yen and oil are stable, while the Euro, Pound, gold, and indices are not.
MARKET ANALYSISUSDJPY USD/JPY intraday: intraday support around 159.75.Pivot:159.75Our preference:Long positions above 159.75 with targets at 160.10 160.30 in extension.Alternative scenario:Below 159
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TUESDAY TRADING
BUY GOLD 4440 and below TP 4520SELLGOLD 4530 and above TP 4430BUY EURUSD 1.1580 target 1.1645SELL EURUSD 1.1650 target 1.1590BUY GBPUSD 1.3412 target 1.3455SELL GBPUSD 1.3460 target 1.3400BUY USDJPY 1