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Mid-term

USDJPY is still in the long-term downtrend channel.USDJPY is still in the long-term downtrend channel. As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception. On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue to appreciate along with currencies such as the Euro, Pound, and Australian Dollar. USDJPY USD/JPY operation is recommended to go short on rallies, or if activists break below the resistance can be sell stop. Jan.22.2021 Reliability: 3-10 Market Days
Short
by FxIntelligenceIN
Wabco India - Good for medium term investment. Medium term investors may look at Wabco India, looks like a good buy around 6280-6330 levels. Targets can be 6580 - 6780 in 2-3 months, keep 6140 as stop loss. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ This post is not an advice to speculate using leveraged products, one must thoroughly understand the financial implications, consult some financial adviser before taking any positions. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Please consider hitting the LIKE button below the chart, if you find this post / idea worthy. You may also FOLLOW me over this forum for periodic updates on Nifty , Bank Nifty and bullion.
WLong
by ipuneet