Archive | May 12, 2009
USDJPY Exerts its Influence

USDJPY Exerts its Influence

With a potential Head & Shoulders top in placeĀ on the Weekly USDJPY chart, and a shift lower on the daily chart, this pair is showing its influence. The other majors and former carry pairs turned south in sympathy with USDJPY yesterday reminding us that a strong Yen is definitely something the majors and stock indices [...]

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