Tag Archives: usd/jpy

USD/JPY, recovery after largest daily fall since 1998.

Yesterday’s panic button crush the pair down for more then 4%, what was the biggest daily fall since 1998., but the pair has found buyers near 116 and recovers until end of the day to 118.20/30, where the buyers have formed the new strong support, exactly at 23.6 fibo return from the 124.50 > 116.15 fall. Today, the buyers have

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USD/JPY, Kuroda and Amari are 'driving' the Jen today!

Kuroda had crashed Jen early today with his mixed comments, Amari recovered the Japanese currency latter. After Kuroda’s speech, USD/JPY fell for almost 200 pips and stoped the fall at 122.45, after wich the pair had halted there for a while, until Amari didn’t said, that Kuroda’s speech is misunderstood in the market!? Well, what ever that means, USD/JPY has recovered

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