USD/JPY Daily Video, July 07, 2017

Sive Morten

Special Consultant to the FPA
Messages
18,681
Good morning,

Yen has last chance to reverse price action. Although we have some bearish patterns are forming there, but they contradict to situation on other currencies and we call to wait NFP data before making any decision:



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.
 
The beginner is confused because yo said "ADP was better than excpected"
ADP.PNG
 
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