Thursday, February 5, 2009
02/05 - Check out FOREXPROS.com for my latest
Reuter's quoted me yesterday regarding a technical shift in risk appetite. Today's follow-thru only confirmed what I said yesterday. The USD/JPY cleared the 20-day MA today and the market has taken notice. Also contributing was half a yard (90.00 strike) USDJPY option expiry just minutes prior. Here is my latest view on the Kiwi (NZD/USD)......
http://www.forexpros.com/technical/analysis/positive-divergence-to-buoy-a-falling-wedge-break-out-17826