{"id":24318,"date":"2022-12-13T11:41:39","date_gmt":"2022-12-13T11:41:39","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/mixed-sentiments-displayed-today\/"},"modified":"2026-03-18T11:22:20","modified_gmt":"2026-03-18T11:22:20","slug":"mixed-sentiments-displayed-today","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/th\/mixed-sentiments-displayed-today\/","title":{"rendered":"Mixed Sentiments Displayed Today"},"content":{"rendered":"\n<p>Good morning, Traders!<\/p>\n\n\n\n<p>There are days when the price action is giving mixed signals. This often resolves itself by the time the U.S. session kicks off.<\/p>\n\n\n\n<p>Today there are many charts that are either over-extended, or simply too noisy to trade.<\/p>\n\n\n\n<p>When you hear of time when traders might need to sit on their hands? Today might be one of those days where there are fewer opportunities than others.<\/p>\n\n\n\n<p>Here are my market picks for today:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>USDJPY, 4-hour, bullish<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/FXG_DP_APH_13Dec22_USDJPYH4-1024x683.png\" alt=\"\" class=\"wp-image-6854\"\/><\/figure>\n\n\n\n<p>With the most recent high, this now confirms that <a href=\"https:\/\/www.fxglobe.com\/its-the-usd-turn\/\" data-type=\"post\" data-id=\"24574\">USDJPY<\/a> Daily is in an uptrend.<\/p>\n\n\n\n<p>I\u2019m now looking for an entry to the upside on the 4hr or lower timeframe.<\/p>\n\n\n\n<p>There is a bullish candle currently printing, and I can either look for an entry above the high of this closed candle if it closes higher, or an entry above the most recent high, which is the prior candle.<\/p>\n\n\n\n<p>A sensible Stop-loss (because we always use a Stop-loss) could be placed below the same bullish current candle, or below the most recent swing-low around 136.50<\/p>\n\n\n\n<p>Traders who take partial profits when price reaches 1:1 often enjoy few losses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>EURCAD, 1-hour, bearish<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/FXG_DP_APH_13Dec22_EURCADH1-1024x683.png\" alt=\"\" class=\"wp-image-6859\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.fxglobe.com\/eurcad-on-the-move\/\" data-type=\"post\" data-id=\"28668\">EURCAD<\/a> has produced a bearish head-and-shoulderspattern on the 4-hour chart. The Daily has become very over-extended and is due for a natural retracement.<\/p>\n\n\n\n<p>It\u2019s reasonable to expect price to break lower and head towards 1.4283<\/p>\n\n\n\n<p>My entry will be a few pips below any candle that closes below the current support level at 1.4347.<\/p>\n\n\n\n<p>A sensible stop-loss placement would be above the recent highs that are at 1.4377<\/p>\n\n\n\n<p>Taking partial-profits at 1:1 is a great way to <a href=\"https:\/\/www.frontiersin.org\/articles\/10.3389\/fpsyg.2020.538793\/full\">mitigate risk<\/a>, as well as targeting a realistic price point, such as a major resistance level, or 1:3 risk-to-reward point.<\/p>\n\n\n\n<p>Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, Traders! There are days when the price ac [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":13857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Mixed Sentiments Today | %%sitetitle%%","_seopress_titles_desc":"Explore the mixed sentiments displayed in the market today. Gain insights into the factors influencing traders&#039; decisions and market trends.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-24318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts\/24318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/comments?post=24318"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts\/24318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/media\/13857"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/media?parent=24318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/categories?post=24318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/tags?post=24318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}