Another triangle config in anticipation of the USA interest rate anonce. I expect heavy speculation and after a while (maybe next week) proof for the real trend, which I believe is down.
After what we've been witnessing last couple of weeks, I don't think there is any kind of analyses that justify the price movement. For me it's clear that usd/jpy is heavily manipulated and I wish for me and all other traders from the crowd to harvest that opportunity. I hope for prolonged short movement, but only time will reveal what comes ahead.
usd/jpy 30min 4.06.2015/06:45h
- usd is overbought, i think it's clear to everyone;
- there are no clear reasons why usd still holds, only rumors and speculations;
- Greece crisis is just an excuse for broad speculations, but i think it's clear for everyone that Greece is not a major factor in Eurozone;
- my opinion is that American gov is generating dirty float...
