Tuesday, May 20, 2008

Forex will never be the same again...

Hi Traders

How are you Today...
The Japanese Yen (JPY) The Dollar gained against the Yen on the back of a rise in US stocks and general Dollar strength, although it did give back some of its gains into the US close...

USD/JPY-The pair is showing bearish momentum on the hourly level after a drop to the 103.70 level. The 4 hour chart and the dailies are giving mixed signal with no distinct market direction. Forex traders are advised to wait for clearer signs on the dailies before entering the market.

In 48 hours from now, forex will never be the
same again
.

P.s. Have a nice trading week...

Forex.DelijaWorld.com

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