Yen on the precipice
The Yen v Dollar having already started the plunge out of a very long term head an shoulders move with resistance confirmed is now at the bottom of a descending triangle pattern. A failure to reverse this pattern and go lower could mean a dramatic slide in the Yen.
It is not surprising that the Japanese Central Bank announced a rate hike.
Generally everything they have ever done has been completely ineffective so I wouldn't bet on them achieving what they want.
This also could cause an Asian crisis in world markets.
It is not surprising that the Japanese Central Bank announced a rate hike.
Generally everything they have ever done has been completely ineffective so I wouldn't bet on them achieving what they want.
This also could cause an Asian crisis in world markets.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.