Tagged: Levels of Support and Resistance

UJ 05-09 0

USDJPY Outlook

USDJPY finished the week strong, closing above channel resistance that extends from the 2016 high at 121.68. I mentioned this pattern last week along with the potential turning point for the US dollar. After...

kumo 0

Ichimoku Kinko Hyo

An indicator that is not widely known about in Western countries and hence struggling to take hold, is one called Ichimoku Kinko Hyo. This form of analysis was invented and developed by a Japanese...