USD/JPY Daily Video, January 15, 2016

[Sive Morten]

Good morning,

Yen is forming background to trigger upside retracement:




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.

 

[fxsmall]

Thanks Sive !!!

 

[Brett Reynolds]

I took a short @ 118 with stop above 118.50 3 days ago. Target is 116.50 so about half way there right now. Sive analysis matches perfectly with completion of butterfly on this trade!

 

[Major_Tom]

Thanks for all !!