It was the day for the Japaense Yen, as it was the clear leader, but the USD did not do much of anything.

Below is a chart of the US Dollar Weighted index (ticker:dxy)



The pair is in a clear downtrend. Today the index has been consolidating near the bottom of the channel. It is very possible to get a bounce here, but nothing to rule out a spike lower while still containing the daily channel.

It seems a bit late to get involved with the JPY, and best to stay on the side lines with USD. Tomorrow is another day, and will see if better setups present themselves.
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 –