The requested HTML, translated to English while preserving the HTML format, is: “Everyone loves the dollar-yen”
Hello. Like this week's “Everyone Loves USD/JPY” midweek outlook and this week's outlook, I planned to take a break, but to avoid breaking the momentum, I will deliver the USD/JPY analysis and strategy as usual.
【This time as well, we will include the usual notice at the beginning.】
Regarding the current week's analysis and strategy content for this series “Everyone Loves USD/JPY,” from now on it will be published asa paid version of the serialized article.
(Because in the past there were customers who purchased the serialized articles for a one-month trial, we are responding to that.)
Until now, all serialized articles were available for free, but even now, important articles can still be read for free.
This“Everyone Loves USD/JPY”will be posted with a one-month free trial, or for those purchasing the serialized articles for one month. (It will also be possible to purchase individual articles.)Content focused on USD/JPY analysisasone post per week in the paid version, orupdate irregularly as neededto deliver.
※ In this analysis dedicated to “USD/JPY,” the product listed as‘503 Method [Easy 100 pips even for busy people (summary)]’uses a different method,and surveys the price action across all timeframes and the overall market flow to track USD/JPY movement..
After briefly reviewing last week, let's look at this week's USD/JPY movement (August 24–30) on the chart.
Review:
Last week's strategy stated like this.
This week's strategy:I expect the pair to rise in the coming week, so consider holding L long positions at the lower levels. If there is a rise around 147.500, that could also be acceptable for an L long position. If there is a downside breakout on the 1H/4H chart, the DAILY may begin to move, so it can reach inside the DAILY cloud range. Be cautious.
This was only a rough outline of the strategy, but I think you understood the chart flow. I hope you understand why it tends to move upward, and what points to watch on the daily chart if it breaks downward, and the reasons behind them.
Last week, the 4H moved. After that, there was an adjustment on the 1H, followed by a decline, it seems.
Flow of the week
As for last week's movement, starting around 147.200 at open,
it rose from around 146.920 to around 148.770, then fell to around 146.560.
The adjustment pattern from 4H to 1H described above. (Pattern near the high price.)
So, let's look at this week's USD/JPY movement (August 17–23) together using the chart. (I'll do it simply.)