Tag Archives: USD/JPY

Gold rose to the highest price snce October

The yen held a four-day advance against the dollar after a slump in U.S. retail sales drove shares lower,

Fresh 2015 and 9 year lows continue to result in bounces but

The pair opened at Y117.32 early this morning and it slipped to an early low

We favored a flat rather than a triangle to explain this wave-4 consolidation.

Risk aversion re‐enters markets as oil prices continue to fall,

EUR/USD has thus far successfully tested the support at 1.1754,

Today’s highlights: EURUSD has fallen back to weigh on the 1.1754 recent low.

EUR/USD still in range – watch both 1.1753 & 1.1871…

EURUSD inched slightly above overnight lows at 1.1775,

At 09:30 CET the EU Court of Justice will give a non-binding opinion

Still cannot rule out the alternate structure of a wave-4 triangle but

The lack of follow through following marginal fresh 2015 and 9 year lows Tuesday