The reason as to why GOLD is flying and JPY is gaining immense strenght is because of the potential virus (coronavirus) that is going around in the world. Beginning in China and now making its way into more 'developed' parts of the world, such as Canada, US, France and even Austria. Such instances make investors nervous and stirs alot of uncertainty in the world. So to protect their capital, they begin to invest in huge safe havens. Thus GOLD beings to rise, and JPY gains power.

TP 2 HITS for both EURAUD trades. 160+ PIPS in total 🤑🤑

Good work traders 💰

Morning Traders ☀️

Hope everyone had a great weekend!

Let’s hope for an insane week of trading!

🗞 Major news release date/times for the following week

Times shown in GMT

SIGNAL 📶: SELL LIMIT USDCAD

ENTRY: 1.3210

SL: 1.3250 (40 PIPS)

TP 1: 1.3170 (40 PIPS)

TP 2: 1.3120 (90 PIPS)

TP 3: 1.3040 (170 PIPS)

RISK REWARD RATIO = 1 : 4.25

SIGNAL 📶: BUY LIMIT CADJPY

ENTRY: 82.52

SL: 83.31 (21 PIPS)

TP 1: 82.82 (30 PIPS)

TP 2: 83.02 (50 PIPS)

TP 3: 83.64 (112 PIPS)

Enter manually

This was activated 🎯
Running 20+ PIPS 🤑 🤑

📉Not the most active of days most pairs chopping back and forth or moving sideways 😴

Reason why I've been just watching the market for now. Let's be patient please. 💰

"Commodities Week Ahead: Oil On The Ropes; Gold Eyes $1,600"

http://www.investing.com/analysis/commodities-week-ahead-oil-on-the-ropes-gold-eyes-1600-200501668

SIGNAL 📶: SELL EURAUD

ENTRY: 1.6290

SL: 1.6330 (40 PIPS)

TP 1: 1.6274 (20 PIPS)

TP 2: 1.6244 (50 PIPS)

TP 3: 1.6188 (102 PIPS)

RISK REWARD RATIO = 1 : 2.55

SIGNAL 📶: SELL GBPAUD

ENTRY: 1.9325

SL: 1.9395

TP 1: 1.9285 (40 PIPS)

TP 2: 1.9225 (100 PIPS)

TP 3: 1.9145 (180 PIPS)

TP 4: 1.9065 (260 PIPS)

TP 5: 1.8985 (340 PIPS)

Price should max out around the 1.6310s area since that has been a very strong resistance level for weeks now..

Let's just hope it does 💰

Market Wrap 📉

“Today’s main market moves”.

Japanese Yen / Swiss Franc 🇯🇵🇨🇭

The Safe Haven Yen & CHF Remain in high demand today as global stock markets and commodity prices continue to fall over concerns about the spread of the virus across China.

Important note to take, that the Yen and Swiss Franc are only strengthening due to the risk off tone in markets. Should the virus be contained, sharp reversals would be expected and present some great buying opportunities.

AUD & NZD Analysis 🇦🇺 🇳🇿

The Antipodean Dollars remain under pressure as the China virus concerns hangs over the two economies. Australia and New Zealand’s dependance on export sales to China means any economic slowdown in China will hit both economies hard. Hence the selling pressure seen against both currencies in today’s markets.

NOK & CAD 🇨🇦 🇳🇴

Both commodity currencies remain under pressure as Oil markets continue to slide on Demand concerns, as China’s economy may take a hit due to many cities being under such down to contain the virus.

With China being the worlds biggest Oil importer, markets are pricing in the concern of Oil demand falling, effecting the value of the Canadian and Norwegian Kroner.

SIGNAL 📶: BUY EURJPY

ENTRY: 120.04

SL: 119.70 (30 PIPS)

TP 1: 120.44 (40 PIPS)

TP 2: 120.84 (80 PIPS)

Still around our SL point.

I'm holding patiently. 💰💰

Current trades:

CADJPY
EURAUD
EURJPY
GBPAUD

I will update as price develops! Until then, continue to hold.

SIGNAL 📶: EURUSD BUY LIMIT

ENTRY: 1.1006

SL: 1.0976 (30 PIPS)

TP: 1.1076 (70 PIPS)

🔔 Wyckoff Accumulation Schematic in USDJPY - 15M

Check it out. 🤟

Japanese Yen Analysis🇯🇵

The Yen remains in demand as risk off sentiment dominates the global markets.

Infaltionary Score 15 out of 160

Currency Outlook - Weak

Interest Rate Policy - Accomodative