Posts Tagged ‘Japanese Yen’

US Dollar Declines On Japanese Yen

After a gain in January, July saw saw a sharp downturn in the US Dollar (USD) against the Yen (JPY).

On July 19 there was a 50% retracement, showing a slight recovery, but then turned down again. The Fibonacci tool and MACD both show a continuing downward trend. Watch the video to see where this market is projected to continue, so you can guage your Forex investments.
 

USD-JPY-Cross-Rate

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