We’ve been warning of a potential bottom in USD/JPY over the past couple of weeks ... could bring the potential for a larger reversal in stock prices. The chart below looks at recent price action structure, along with the levels to watch for:
The week begins, and we have our first two big losers. Both the pound (here) and the yen (here) are gapping lower in early currency trading. What's going on? In the U.K., this is a reaction to the downgrade. And in Japan, this is a result of the …
The Japanese government is planning around JPY 12 trillion in stimulus spending for the economy in the fiscal year 2012, reports said Monday. Out of the total planned spending, around JPY 2.6 trillion will be used to fund pension scheme, …
To receive James Stanley’s Analysis directly via email, please sign up here. Talking Points: In our last article, we looked at the prior up-trend in GBP/JPY as price action exhibited signs of congestion by building into a longer-term symmetrical …