Last night saw a huge drop in Aud/Usd after some horrible unemployment data was released,
the majors (Eur, Gbp, especially) suffered a bit, but Usd gained in strength
and was up against all other currencies
The Yen crosses followed up the gains that Usd made against the Yen overnight
Today, during the European and American trading sessions Usd gave back most of its overnight gains
against the Yen, and I decided to buy Usd/Jpy, and the crosses at Usd/Jpy support around 104.2,
the pair only gained about 20 pips and is on its way back down to test that support area,
- and probably 104 - as I write
I have lost all my positions on a SL now, and was expecting this as the upward action in Usd/Jpy halted;
it is becoming hard to fathom Usd now - as strength seems to be cancelled out by overall market weakness
Gl, everyone
the majors (Eur, Gbp, especially) suffered a bit, but Usd gained in strength
and was up against all other currencies
The Yen crosses followed up the gains that Usd made against the Yen overnight
Today, during the European and American trading sessions Usd gave back most of its overnight gains
against the Yen, and I decided to buy Usd/Jpy, and the crosses at Usd/Jpy support around 104.2,
the pair only gained about 20 pips and is on its way back down to test that support area,
- and probably 104 - as I write
I have lost all my positions on a SL now, and was expecting this as the upward action in Usd/Jpy halted;
it is becoming hard to fathom Usd now - as strength seems to be cancelled out by overall market weakness
Gl, everyone