Welcome to my Market Directions ramblings.
I mainly focus on Major Forex pairs.
The idea is to grasp Intermediate to Longer term market moves.
I use different aspects of Technical Analysis and I take into consideration economic news data, but just in conjunction with my technical analysis.
Comments and criticism are welcome as long as they are constructive and will help both readers and me to improve our understanding of markets moves.
Thursday, July 06, 2006
USDJPY takeoff level
Look for a possible USDJPY takeoff somewhere from around 113.80/50/00 It will need to break below 109 to negate my view, but breaking below 113 would get my attention. Immediate break above 116 confirms next upper targets. ID
No comments:
Post a Comment