1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Nothing to spark off the latest USD sell off

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Another day and another hit on the USD, as the post Yellen correction continues and shows little sign of relenting. That said, gains have been a little more staggered, with JPY gains stalling. Spot JPY has seemingly found some support in the mid 107.00’s, and while we cannot rule out another test lower, cross/JPY rates are now pushing higher in line with their respective spot rates to suggest a near term low is not too far off. Equity markets have found some support after Friday’s turnaround on

    Continue reading...
     

Share This Page