USD/JPY Daily Video, April 06, 2016

[Sive Morten]

Good morning,

Yen has met strong support area where we could get desirable retracement up and chance for selling:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Retracement to 1.1120-50 area...maybe FOMC today..??

 

[Sive Morten]

Retracement to 1.1120-50 area...maybe FOMC today..??

Today FOMC minutes - protocol of last meeting. April meeting April 19-20 probably