Log in

Still hanging in the fourth wave?

27 January 2016, USD/JPY

Having demonstrated a good movement, the pair has calmed down in the flat.

It is caused by development of the wave of iv downward momentum.

If this assumption is correct, in the near future we can expect continuation in a certain flat movement.

In current situation it is better refrain from trading, because there is no determined movement.

Still hanging in the fourth wave?

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.