Market is not random but unpredictable
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GBPJPY to Move Lower Next Week?
The GBPJPY has been the most resilient yen pair lately. It has even outpaced the USDJPY, which often performs better than the yen crosses due to the US dollar’s status as a global currency. But nothing lasts forever, and the GBPJPY is not immune to yen strength, particularly in a risk-off environment. I bring this up as several yen crosses such as EURJPY, AUDJPY, and CADJPY appear to be setting up for reversals. I even discussed such a possibility on the USDJPY just yesterday. If you’re a frequent visitor to this site, today’s commentary will sound familiar. We reviewed the ascending channel below on January ... (full story)
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- Jan 24, 2020 6:30pm Jan 24, 2020 6:30pm
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
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- Jan 25, 2020 10:00am Jan 25, 2020 10:00am
- fontu
- Joined Mar 2008 | Status: Name real with real own way | 181 Comments
Not understand?better not follow my analyses!doubt clearer first, risks ++
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- Jan 25, 2020 1:41pm Jan 25, 2020 1:41pm
- Devas1
- | Joined Dec 2019 | Status: Member | 157 Comments