After a wild first two months of the year, the Japanese Yen has a calmer session in March. The pair closed lower by only 12 pips, forming a doji pattern on the monthly chart. This pattern signals indecision in the market. The market usually moves in a range about 70% of the time and only trends the other 30%.
An added problem for any trends is the active intervention by the Japanese ministry of Finance. Look at the 4h chart below. Notice the the pair keeps getting bought around 111 dollars for 1…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –