Tuesday, September 13th, 2016

Forex Technical Update 9/3/2010 – Japanese Yen Strengthens after Non-Farm Payroll


Forex Technical Update 9/3/2010 Fan Yang CTA Technical Analyst, FXTimes The Non Farm Payroll is traditionally watched for clues to the direction of the USD. However, although the USD gained some volatility after the economic releases this morning, it was the Japanese Yen that saw strong moves. The long tails of 4H candles in Japanese Yen crosses reflect this volatility. Let’s take a look at the USD/JPY, GBP/JPY, EUR/JPY, AUD/JPY, CAD/JPY, and CHF/JPY. There might be a strong week ahead for the Japanese yen.

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One Response to “Forex Technical Update 9/3/2010 – Japanese Yen Strengthens after Non-Farm Payroll”
  1. Goodfriend35 says:

    thanks:)

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