Hi Forex Trader,
I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.
Overall there is strength in the JPY and USD, with minor strength in the GBP...
Hi Forex Trader,
I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.
My suggestions are posted by 6pm EST each day.
For The Forex Trading Coach clients...
The virus is rapidly spreading: 1995 confirmed cases in China (this morning), 31- in other countries, including two cases in the USA. In the morning, confirmed 1 case Canada. In the Russia so far there are no confirmed cases.
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The negative impact on the economy is no longer in doubt...
USDJPY. After the rocket move of the yen from 80 to 94, the result of PM Abe's claim deflation will be defeated, a result of the anticipated yen supply. At the suggestion of the G20, he has toned down his rhetoric about the high yen value, and has backed away from his threat to buy foreign...
Forex traders who correctly anticipated the yen was going to fall against other currencies have had a good month. At the beginning of January, the USD/JPY was trading just under 87¥ to the USD. By the end of the month it had slid to over 91¥ to the USD.
Even more impressive was the strength...
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