Popular Posts

Monday, August 17, 2009

USDJPY Fibs

The July 13 - August 7 rally in the USD/JPY pair that broke through a previous downtrending channel to the upside corrected at the 62% fibonacci as measured from the May 6 high. Interestingly this latest downturn has taken a bullish turn after retracing 62% from it's short term peak on August 7.

There have been bullish USD/JPY commentary from Forex.com as reported by bloomberg recently as well.

Posted by at

1 comment:

  1. BloggerSeptember 9, 2016 at 11:22 AM

    Hello Everybody,

    I've included a list of the highest ranking FOREX brokers:
    1. Best Forex Broker
    2. eToro - $50 min. deposit.

    Here is a list of top forex instruments:
    1. ForexTrendy - Recommended Odds Software.
    2. EA Builder - Custom Strategies Autotrading.
    3. Fast FX Profit - Secret Forex Strategy.

    Hopefully these lists are helpful to you.

    ReplyDelete

Subscribe to: Post Comments (Atom)