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USD/JPY, EUR/USD, forex, Yen, safe haven, USD, MACD, Euro, Fed, Federal Reserve, interest...

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Forex Forecast, Wilson Leung, Director of Trendsetter FX, joined Nick Batsford, CEO of Tip TV, on the Tip TV Finance Show to provide outlooks for USD/JPY and EUR/USD. USD/JPY: seller for choice Yen is going to see some safe haven buying, and Leung expressed that he was a USD/JPY bull until last week when it came crashing down. He continued that the daily MACD cut below 0, which is a sell signal, and after reaching the 38.2% retracement, Leung wouldn’t be surprised if it continued to

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