Hey everyone, for this presentation I concentrate exclusively on the Yen. We have arrived at some critical levels for most of the Yen crosses, how we react around here is going to define much of our Yen trading for the week. Hope you enjoy the video and good luck today!! David Pegler
In contrast to range-bound conditions seen in today’s previous sessions, a breakout move by the British pound at the New York open, a surprise rate cut by the Bank of Canada, and a rally in US stock indexes at the New York equity market open brought the foreign exchange market to life. Conservative trade entry [...]
Hey everyone, todays outlook is fairly intricate, I am anticipating some dollar weakness but its not going to be easy to navigate initially. I concentrate on the Euro Pound cross, Euro USD and Cable. I hope you enjoy the video!! David Pegler
Hi everybody, for this outlook I take a look at a whole range of currency pairs and crosses including the US Yen, USD Swissy and Euro Pound. A busy video with lots of different analysis, I hope you enjoy the commentary. Please join me on twitter at forexdavid Good luck. David Pegler
With a cue from USD/JPY starting to drop late in the Moscow session, we were able to build a trade plan on the weak British Pound and Yen as well. The GBP/JPY had bounced off of a 61.8 Fibonacci retracement Friday, filled a tiny gap from Sunday, and was then hovering around it’s 38.2 today. [...]