USD/JPY gains for sixth day, resistance nearby

Discussion in 'Technical Analysis' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    USD/JPY up 50 pips to 120.43 The euro is the big story today after Draghi put a December deposit rate cut and more QE on the table. When the market gets an idea like more QE or more-deeply negative rates, it won't stop until the goods are delivered so the euro could fall substantially from here.

    Read full forex technical analysis here

Share This Page

free forex signals