What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…
USD/JPY: Dollar corrected to Kijun-sen
2019-11-11 • Updated
Technical levels: support – 105.50; resistance – 106.50.
- Sell — 106.20; SL — 106.50; TP1 — 105.50; TP2 — 105.10.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan; the market had corrected to Kijun’s resistance and now may continue the downtrend.
This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!
The year started only a couple of weeks ago, but we already have a lot of fascinating movements in various trading instruments. To help you in trading, we choose several forex pairs that may surprise you and plunge greatly in a short period.