Trading U.S Dollar/ Japanese Yen

Lester Davids
Apr 9
2 min read

Trade FX/Currencies with Unum Capital.

To get started, email lester@unum.co.za

A re-test of the 200-week (below 137.00) is not out of the question. This chart is significant in terms of both US Tech as well as the broader global market risk outlook.

Previous Post: U.S Dollar/ Japanese Yen: Now Trading Above 154. Benefiting From U.S Optimism

Wednesday 13 November 2024 (Time: 07h37)

Sharp bullish reversal from previous 'strategy alert' at 140.
A massive gain for traders who took the opportunity to position themselves for an upside move.
Clients have benefitted from views on both the buy/long at the above-mentioned 140 level as well as the short/sell side at/around 160 which subsequently saw a massive bearish reversal down to 160.

Previous Post:

Tuesday 22 October 2024

Time Published: 14h32

Significant upside follow-through from the strategy alert at 140. Now trading +150.

Thursday, 03 October 2024

Time Published: 23h29

Strong rebound off 140, now trading 146.
A double opportunity (short, then long) for Unum Capital clients

Previous Post: 16 September 2024

Real-Time: 21h50 S/African Time / US Trading Session

Currency Pair: US Dollar / Japanese Yen

Previous Post (Wednesday, 11 September)

Real-Time: 08h22

Ticker: USD/JPY

A significant win for clients who took the opportunity to trade
The unwind/pullback, driven in large part by the Bank of Japan, has been a significant factor in the underperformance of growth/technology stocks.
The reading from the Tactical Trading Guide has been in line, with the pair pulling back from 160 to today's low of 140.
In FX terms, this is a MASSIVE MOVE.