TECHNICAL ANALYSIS OF USD/JPY

Currency strength – Which is stronger? The Japanese Yen seem to be becoming stronger and stronger with time as compared to the US dollar which had previously carried the yen to new heights of about 125.00. The yen looks relatively stronger now nd eager to continue with this trend unless there is a major market news in the coming days that will weaken the Yen. The USD/JPY fell back underneath the 100.00 level as the US Dollar relaxed from the effects of an article that had been published by San Francisco Federal Reserve President, John Williams As of August 16, Continue Reading →