[Path to Dream_FX_8 Currencies_Market Environment Awareness & Memo_20231008]

October 9th, Monday.

Good morning.

It’s in the South Kanto region where it feels cold due to the rain.

From this morning, near Torishima, there was an earthquake
A tsunami advisory has been issued for the Izu Islands and the Ogasawara Islands.
　
Because the situation has been noisy since this morning,
I want to prioritize my safety in my activities.
　
There are no seas or rivers around us,
but preparedness is the key to peace of mind.
　
And today
the Tokyo market and the US market are closed,
so I don’t expect any major moves.
　
Well, last week
EUR/USD showed a bottom on JOLTS
and started to rise again,
and cross-yen pairs followed suit.
　
Further declines were anticipated by the employment data,
but not to that extent,
perhaps it is a cyclic time for USD to depart?
I think so.
　
In USD/JPY, the rise on employment data
was about 50 pips
from 150.0,
perhaps because large investors have accumulated long and short positions.

　
If verbal interventions occur,
could large investors target it?
That's how I view it.
　
I’m impressed by how we can move the market with our own power.


　　

Now, let’s confirm.
These are the numbers at the close of the daily chart.


[EUR/USD]
Monthly: 14th
Weekly: 2nd cycle, 30th/19
Daily: HPC 2nd, 93rd/35LT
4HC 8th cycle, 20th/19
or
Weekly: 3rd cycle, 1st
Daily: 1st cycle, 4th/4
4HC 1st cycle, 20th/19
or
Weekly: 3rd cycle, 7th/2LT
Daily: 1st cycle, 31st/4LT
4HC 3rd cycle, 20th/19

I see it this way.

There are three weekly patterns, so
currently it’s a bit confusing.
　
On the 4-hour chart,
there is a higher low, a higher high forming,
so the bias is bullish,
but where will it rise to?
that’s the key point.
　
It’s a holiday, after all.

****************************
20231008_EUR/USD_Market_Environment_Video Commentary
https://youtu.be/RvqESB7PiwM
*****************************
　

[EUR/JPY]
Monthly: 10th
Weekly: 2nd cycle, 11th/6
Daily: 1st cycle, 51st/24
4HC 5th cycle, 20th/20
or
Daily: 2nd cycle, 4th/4
4HC 1st cycle, 20th/20

I see it this way.

On the 4-hour chart, it has retraced to a downward trendline.

　
Going forward, if there is a pullback from the 4-hour recovery high,
the weekly candle may steer toward a closing direction.
　　　
This morning, there was a large gap down,
so it’s something to watch closely.
　

[USD/JPY]
Monthly: 10th
Weekly: 2nd cycle, 13th/13
Daily: 1st cycle, 61st/58
4HC 6th cycle, 20th/18
or
Daily: 2nd cycle, 26th/23
4HC 3rd cycle, 20th/18
or
4HC 1st cycle, 20th/18

Where the daily chart turned (switched) will be a big point.

　
There was no gap this morning,
and it’s hovering around 149.2.
　
Today the Tokyo market is closed,
so I’ll watch carefully.
　　
I see the 4-hour histogram as peaking to the upside.
　

[GBP/JPY]
Monthly: 10th
Weekly: 2nd cycle, 11th/5
Daily: 1st cycle, 51st/18
4HC 6th cycle, 20th/20
or
Daily: 2nd cycle, 4th/4
4HC 1st cycle, 20th/20

I see it this way.

The long upper wick after JOLTS ends is treated as the starting point of 4HC6.

　
If the daily chart switches,
keeping an eye on the 4HC1 view
while being aware of the daily trendline.
　
This morning’s big gap was
more than 100 pips.
　
From here, will it come back?
I want to confirm, but
if HPC, then 4HC6,
a bearish bias is strongly considered.
　
It will depend on how the European markets move.
　　　　

[AUD/JPY]
Monthly: 8th
Weekly: 1st cycle, 29th/14
Daily: 4th cycle, 4th/4
4HC 1st cycle, 20th/20

I see it this way.

On the 4-hour chart, there has been a large rise, so
I think the daily chart has switched.
　
October 3rd was the key.
　
If we consider 4HC1,
how far it can rise is the key.
The gap influence has strengthened the bearish bias.
　　　　　
[NZD/JPY]

　　　　
　

Monthly: 8th
Weekly: 1st cycle, 29th/28
Daily: 4th cycle, 4th/4 or
Daily: 1st cycle, 4th/4
4HC 1st cycle, 20th/20

I see it this way.

The daily chart closed on October 3rd,
so the 4HC1 scenario is prioritized.
　
What concerns me is the lack of upside pressure.
　
This morning’s chart shows a large
gap up
and it’s in the process of retracing.
　　
Will it fill the gap?
I’m watching closely.
　
　
[CHF/JPY]
Monthly: 10th
Weekly: 2nd cycle, 13th/8
Daily: 1st cycle, 63rd/36
4HC 6th cycle, 20th/20
or

4HC 1st cycle, 20th/20

I see it this way.

The daily chart may have closed at 59 candles?
I’m viewing the chart with that assumption.

If the morning gap isn’t large,
it suggests it’s considered a safe-haven currency.
　　　
　
[CAD/JPY]
Monthly: 8th
Weekly: 1st cycle, 29th/28
Daily: 4th cycle, 51st/46
or
Daily: 1st or 5th, 4th/4
4HC 1st cycle, 20th/20

I see it this way.

The daily close is likely completed,
whether the weekly closes is still debatable.
　
This morning’s gap was about 20 pips,
and it is currently filling the gap.
　　　
　
****************************
20231008_EUR/USD_Market_Environment_Video Commentary
https://youtu.be/RvqESB7PiwM
*****************************
　

*****************************
DJI: up 288.01 dollars
WTI: 85.1 dollars

In the US market, since the bond market is closed,
the currency market is not expected to move much,
as most expect.

Canada also has a holiday.
　
Since it’s Monday, let’s not overdo it and
carefully check the charts.

 
****************************

 
Let’s learn together.
Currently,教材 offered at 1000 yen!!
https://www.gogojungle.co.jp/tools/ebooks/30872

 
【I・ro・ha・So Group (168)_2】
Registration URL:
https://www.gogojungle.co.jp/tools/rooms/33239
 
 
Noubitorei