Forex Technical Update 6/18/2010 – Yen Pauses Slide
24 Jul
Forex Technical Update 6/18/2010 – Yen Pauses Slide Fan Yang CTA www.fxtimes.com The bout of risk appetite that returned 2 weeks ago is being tested. There is a similar dynamic in the EUR/JPY, GBP/JPY CAD/JPY and AUD/JPY, although the commodity currencies fared better this week. The USD/JPY is still in a long-intermediate term range but is short-term bearish. Let’s take a look at these yen-crosses.








Some major technical analysis by taking into account the Fibonacci retracements, triangles and lines of support and resistance.