"USD/JPY If a currency pair contains no correlations to its own interest rates, No correlations to its own 10 year Bond yield nor US 10 year yield, Nor to US Dollar Index, nor Fed Funds, Nor gold, but only loose correlations to 2 year yields,…"
"USD/JPY So overbought from 103.24 to now severely overbought at 103.74. Where are we with U/J. Above levels 103.84, 104.34, 104.49, 104.72. below 103.58, 102.92 Intraday 102.38, 101.97. Its strongly strongly suggested stay the heck away from this…"
AUDUSD has moved bearishly and it is currently trading below 0.9310-support turned into resistance- as seen on the provided chart. Coming below 23.6% Fibonacci in addition to stabilizing below moving averages is a negative catalyst; particularly after failing to penetrate 0.9340 once again. However, we will be neutral today as far as trading remains above the key support at 0.9360-0.9350.See More
USD JPY 10 Min:I called this in the main room as one of our members was asking me to explain what the stop order meant and what the 'ask' price was.Price had risen in a spike and channel since the previous day , formed a plateau with a double bottom…See More
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