Loading ...Dollar:Yen Line Chart
Not sure if this is the correct interpretation .
Rambus likes to use line charts as the tend to show a breakout earlier than candlesticks or other chart types
if this is correct..we have a higher Dollar vs Yen Price coming…Much higher
I hope its not correct…still would need to see a new high
Good chart Fully. If you lower the top line you can get it to hit the 3 preceding peaks, which is probably where I’d put it. $XJY just feels bullish on the daily.
CCI is making a weird pattern of continually lower lows, which I’m not familiar with. I’ll post the $XJY chart in a minute.
Been long miners the last few sessions. I can’t predict what ultimate direction this thing will take, but price inflection points are good spots to take a position with limited risk. My I’ll get out if USDJPY closes above 114.00, GDX below 22.35, or Gold below $1265. That’s how I view it.
I expect the Fed statement Wednesday will be the catalyst.
Agree it will be the catalyst one way or the other
the Janet go out with a bang and go the opposite direction of Trump = higher dollar???