Dollar Versus Yen and Franc February 2nd

FX Strategy Video > Currency Pairs Analysis

USD/JPY fell again on Wednesday as the trading community continues to push its luck with the Bank of Japan. The area that the pair currently trades in is exactly where we would expect the BoJ to be interested in intervention again. Also - there is that bit about two hammers in a row.

USD/CHF fell on Wednesday, but still sits just above the 0.90 - 0.91 level. The area is massive support and continues to look strong. However, the pair hasn't given us a supportive candle to buy yet....

Published on 1st of February 2012
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