July 20th Market Flash before NY time

Investment

Here is my analysis on the market before New York time.

The price touched 2σ upper line based on the Stochastics, it has apart from the line. USDJPY price path looks like EURUSD but already has touched the lower band. It looks a good timing to long JPY.

Bar chart=USDJPY, Source :TradingView

The price touched 2σ upper line based on the Stochastics, it has apart from the line. We had seen the directional change after the same situation and we need to cautious. First stop line will be 2σ lower line on the Stochastics and now is on the half way. However, the long term trend is still upward.

Bar chart=EURUSD, Source :TradingView

In Asia and EU time, UST yield has been up and down with EU Reconstruction Fund headlines. Now yield has been down and 10 year yield has tried to break 0.6%.

Bar chart=US10 Year Yield, Blue Line=US30 Year Yield, Source :TradingView

DAX index goes up now based on expectation for the agreement of EU Reconstruction Fund.

Bar chart=DAX Index, Source :TradingView

My recent view with Japanese words.

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