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| USD/JPY DAILY |
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| USD/JPY MONTHLY |
Friday, October 25, 2013
Usd/Jpy - Something big is coming...
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| USD/JPY MONTHLY |
Obvious bearish divergence on the monthly chart of USD/JPY on every indicator(RSI,MACD,STOCHASTICS). At the time of posting this chart, price just broke down the 97.18 support which price has been testing the past few days. If price breaks below 96.90 level, a target of 90.30 (50% retracement of upswing) can be easily achieved based on the monthly chart.
Tuesday, October 22, 2013
Bearish divergence on Usd/Jpy
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| USD/JPY MONTHLY |
Based on this chart, we might see a very big down move coming for the yen pairs.
Monday, October 21, 2013
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