manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Upward correction

14 April 2016, USD/JPY

Dollar gradually began to recover.

This is clearly seen in comparison with other major currencies. Euro and Pound began to weaken sharply after a relatively long-term growth.

In this pair, the US currency became more activate and took initiative in its hands.

The emerging picture indicates that this growth is caused by the correctional wave iv, so it will be short.

I would not recommend trading here, since it is not clear how the expected correction will behave.

Upward correction

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.