[JPY] 코로나바이러스 영향과 주추세선 2020 0131

cf. [JPY] Rising Yen 2020 0130
cf. [JPY] Rising Expected after Correction 2020 0126
cf. [USDX] Before Facing the Resistance 2020 0119

텔레그램 채널 l t.me/gjallarhorn_report 에서 통화관련 자료를 보실 수 있습니다.

걀라호른에서 제공하는 리포트가 도움이 되셨다면 후원 부탁드립니다.

PayPal  kmuk001@gmail.com 입니다. 감사합니다.

e-mail - kmuk001@gmail.com

Telegram - @morgenluft

Telegram broadcasting - t.me/gjallarhorn_report

https://www.facebook.com/Gjallarhorn.report/

https://www.facebook.com/heimdallr999/

http://morgenluft.blogspot.com

#Gjallarhorn, #JPY, #yen, #USDJPY #걀라호른

[JPY] Rising Yen 2020 0130

USD/JPY four-hour chart, source:FXDD.com

cf. [JPY] Rising Expected after Correction 2020 0126
cf. [USDX] Before Facing the Resistance 2020 0119

Safe-haven currency pair USD/JPY has fallen. The downward trend seems to be continued in short term but it may try to rebound on the upward support line about 108.2x.

The pair builds a trend-turning pattern gradually but it is expected to be failed. It means safe-haven Yen's value rises.

If the pair succeed to rise, it will reach 109.37, 120 exponential moving average in four-hour chart testing the surpass the 120 EMA as resistance line.

World wide fear from respiratory coronavirus makes investors' risk-off, buying dollar and more Japanese yen.

But yen doesn't surge as risky euro plunges against greenback. Currency pair EUR/USD fell 0.14 percent but USD/JPY just rose 0.03 percent on Wednesday.

The anxiety materials in the global economy has encouraged investors to buy yen as safety-haven asset. But this respiratory virus doesn't enough.

Japanese experts explain that the epidemic makes euro to plunge and falling euro restrains yen's rising. But yen may surge when the virus spreads more.

When virus fear is soothed, the risky assets will be gained and the price of yen down.

Meanwhile the Federal Reserve has left interest rates unchanged 1.50~1.75 percent on Wednesday as expected. Fed kept its stance.

Gjallarhorn keeps long position of Euro FX in CME. It is under the big loss.

Gjallarhorn produces the report of risky currencies with Long bias now because it has Long Position of EUR.


-------
You can join telegram channel t.me/gjallarhorn_report .

If this report was helpful to you, please support it. The amount of your support is up to you.

PayPal  kmuk001@gmail.com.

Thank you.






e-mail - kmuk001@gmail.com

Telegram - @morgenluft
Telegram broadcasting - t.me/gjallarhorn_report


https://www.facebook.com/Gjallarhorn.report/
https://www.facebook.com/heimdallr999/
http://morgenluft.blogspot.com

#Gjallarhorn, #JPY, #yen, #USDJPY #걀라호른

[EUR] Coronavirus and Euro 2020 0129

EUR/USD four-hour chart, source:FXDD.com

cf. [JPY] Rising Expected after Correction 2020 0126
cf. [EUR] Edge by Two Trendlines 2020 0124
cf. [EUR] Rebounding after Correction  2020 0123
cf. [USDX] Before Facing the Resistance 2020 0119

Falling euro rebounded yesterday. It tries rebounding on the support line. Some strategists think the scare of spreading pneumonia is soothed and risky-off positions are decreased.

One of the major currency pair EUR/USD is 1.1010 and futures, euro FX, 6EH20 in CME is 1.10435 as of 05:23(UTC).

The support line is found around 1.099 in four-hour chart of EUR/USD and 1.1033 in daily chart of futures, Euro FX, 6EH20. Falling euro succeeded to rebound above the support price band.

It isn't uncertain keeping rebound but it seems to be above the support line.

Euro as well as other risky asset will move by the news of respiratory coronavirus from Wuhan, China. And it is better to watch the global news about coronavirus spread. Though there are bad news to euro, the currency is more affected by

And FOMC meeting is planned this week. FOMC decide its benchmark interest rate at 17:00(UTC) Wednesday. Market participants expect the rate will be frozen, maximum 1.75 percent.

There are two major trend lines in weekly chart. One is upward and the other is downward. Upward support line is built since December 2016, and the other since September 2018. Two long-term trend line will soon meet each other and this event makes momentum very actively.

Gjallarhorn keeps long position of Euro FX in CME. It is under the big loss.

Gjallarhorn produces the report of EURO with Long bias now because it has Long Position of EUR.

-------
You can join telegram channel t.me/gjallarhorn_report .

If this report was helpful to you, please support it. The amount of your support is up to you.

PayPal  kmuk001@gmail.com.

Thank you.






e-mail - kmuk001@gmail.com

Telegram - @morgenluft
Telegram broadcasting - t.me/gjallarhorn_report


https://www.facebook.com/Gjallarhorn.report/
https://www.facebook.com/heimdallr999/
http://morgenluft.blogspot.com

#Gjallarhorn, #EUR, #euro, #EURUSD #걀라호른