【July 3 (Fri)】Today's Target Currency Pairs【USD/JPY, Gold, etc.】
Hello!
This is Ponta the Tanuki Trader!
Now, let's conduct today's market analysis.
Following yesterday's employment statistics, the market moved significantly and generally trended toward a weaker dollar.
However, since this movement is contrary to the previous major trend, honestly, it is currently a difficult trading environment.
First, USD/JPY is at a stage to determine whether this will be the start of a downward move or the continuation of an upward trend.
Even on the daily chart, it is not clear which direction is stronger or where the big trend is headed. Therefore, until the sense of direction becomes clear, I believe we should not force entries and instead wait patiently.
The Euro/Dollar is likewise rising due to the dollar’s weakness.
However, it is still difficult to determine whether this move is the initial phase of an uptrend or a temporary rise that will resume declines.
In any case, USD/JPY and EUR/USD do not show a clear sense of direction, so for now I would rather not chase trades and wait until the trend becomes clearer.
So, let's do our best today as well!
We have posted many past verification videos.
Please also check the Investment Navigation summary article and YouTube!
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Summary of the Temptation Navigator Verification
Currently monitoring 10 currency pairs
◾️ Cross JPY
USD/JPY, GBP/JPY, EUR/JPY, AUD/JPY, NZDJPY
◾️ Dollar pairs
EUR/USD, GBP/USD, AUD/USD, NZDUSD
◾️ Commodities
XAUUSD
We have also posted verification videos.
Please be sure to check them!
Capturing the initial move of a trend can yield large profits.
Let's keep working hard next week as well!
↓↓The final form of trend following, “Godspeed Signature,” is here↓↓↓
↓↓↓Indicators that are also very popular on GoGoJungle are here↓↓↓
↓↓↓If you want scalping indicators, click here↓↓↓
【Ponta Simple FX】“1-Minute Scalping Etiquette” + “Scalping Indicator” + “Auto Close EA” Set
Past verification videos on YouTube‼︎
A strategy that uses the strength of buying on dips in the higher-timeframe direction and selling on rallies at resistance!
There are results of over 200 pips on a single currency pair per month on a consistent basis!
↓↓↓ Trend following Final form “Godspeed Signature” is here↓↓↓
↓↓↓Indicators popular on GoGoJungle are here↓↓↓
↓↓↓If you want scalping indicators, click here↓↓↓
【Ponta Simple FX】“1-Minute Scalping Etiquette” + “Scalping Indicator” + “Auto Close EA” Set