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08/19/2024 23:38
Release： 08/19/2024 23:38
Update： 08/19/2024 23:38
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What is today’s market for the most detailed FX in Japan?

I will share today’s trade ideas.

Today there are no standout economic indicators, but there are plenty of trading opportunities. First, USD/JPY. It’s time to apply the short-term counter-trend intraday reversal strategy that I previously mentioned. Today is a supermoon full moon, but rather than spiritual power, it’s more accurate to say that economic activity flows and cycles are in sync with the moon’s phases. In particular, for the U.S. dollar, watch for a trend reversal, i.e., movement toward dollar buying. There is also a way to use this as an anomaly (seasonality or a regular pattern that occurs with a certain probability) in trading.

Next, about the Nikkei 225. The gap opened during the night session is currently being filled, but a move to fill the downward gap is expected at some point. This may become a pullback, followed by another rise.

And for EUR/USD, attention is on the buy above 1.1350 that has been optioned since last week. It’s progressing smoothly toward 1.1100, but if you missed the boat, I’ll prepare the next stop, so please be sure to follow and like! Also, please consider subscribing to the newsletter as well.

Timing is everything in trading, so please make good use of today’s ideas to help your trading.
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■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
【Member Association】
Japan Investment Advisers Association
【Fees and Expenses】
The use of software, e-books, investment advisory services, etc., provided on our platform involves purchase prices determined for each product.
Additionally, when conducting actual financial instrument transactions (such as FX or CFD trading), costs such as transaction fees and spreads (the difference between the sell and buy price) may be incurred through the connected brokerage firms.
【Margin and Risk of Loss】
Transactions such as FX (Foreign Exchange Margin Trading) and CFD (Contract for Difference) allow for trading in amounts exceeding the deposited margin.
Therefore, due to sudden fluctuations in target indices (currency, commodity prices, etc.), there is a risk of incurring losses that exceed the deposited margin (loss exceeding principal).
Furthermore, financial instrument transactions involve risks such as price fluctuations, which may result in losses falling below or exceeding the initial investment principal.
【Nature of Services and Trading Entity】
The Company operates a platform (marketplace) providing investment software and information; we do not engage in the buying, selling, mediation, brokerage, or agency of financial instruments on behalf of customers.
The services and information provided are intended as reference for investment decisions and do not guarantee future profits or specific results.
While some services include investment advice, they do not constitute a mandate or solicitation to trade specific financial instruments.
Final investment decisions and the execution of trades must be made at the customer’s own risk and discretion.
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

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