Introduction As the Dollar’s slump continues, we have seen the majority of currencies rally. 6J is no exception and has rallied 4.3% in July. This has formed a symmetrical triangle pattern on the daily chart, which we can monitor for the next few weeks and months. There are also other technical patterns we can look Read More…
Quick Update Last time we looked at Yen futures was back on March 2nd. The sentiment has drastically changed since then as US data has cooled and the collapse of SVB. Bulls have enjoyed the recent rally, but the steam is running out, and those who have missed the initial move may see another opportunity soon Read More…
Analyzing the Yen’s continued slide against the dollar. Fib levels, VWAP, and RSI all point to a continuation in bearish price action. Inspirational story about a Yen trader. The slide The Yen has been sliding along with most other currencies against the dollar. 6J futures are down 7.5% since the start of the year. The Read More…
