Yellen has triggered wave A already. She said Fed will stay patient and a Rate increase is unlikely in next couple of meetings.
Good, isn't it?
If we check the weekly chart of Gold you might feel Gold is underway to the last drop to make a weekly bottom divergency.
Purely Technical. Wave 1 is quite strong. So I am expecting a stronger wave 3, which looks like to be very very strong. WOW.Are you shorting GBPJPY?Good luck.
Welcome your comments.
EURJPY is mainly decided by EURUSD and USDJPY which are quite independent after 2012, and this makes fundamental analysis become difficult.I hope this chart will be correct because it is purely technical
The deviation from USDJPY is too big