The last few days has brought home some important insights about of currency pairs. The pair is a ratio of demand of one currency over another.
I couldn't go into every aspect of this in the video in just 10 min.
Based on my observations (which are not rules):
1. All pairs quoted in US-Dollars are vulnerable, as the Dollar heads south around this time.
The NASDAQ tech 100 index probably rules most of the world. How?
It heavily influences stock markets around the globe. The JP225USD is pretty sensitive to what happens on NDX and the US30 aka Wall Street. A fall in the tech 100, usually sees a rise in the strength of the Yen, which then has knock on effects on other currencies.
What's on the chart?
1. Signs of...
Bitcoin price holds above 8080 trend line support, and 7680 pattern support two resistance levels that prove to be strong for now to hold the price in place for resurgence. Breaking the levels price poised to revisit low 6000s again. Mt.Gox influence still visible. Caution!