Exto Capital Technical: Market tests the yen

Sunday, September 26, 2010

 

The Yen strengthen during the week as the dollar weaken as the 2-year US yields declined. Market participants will be testing the BOJ’s resolve after the USD/JPY failed to hold the post intervention levels and the 50-day moving average.

Analysis provided by Exto Capital


 Exto Capital
Exto Capital SA is an independent brokerage firm offering online forex trading and CFD trading on indices and commodities. With its asset management partner Exto Financials SA based in Switzerland, it offers a full range of investment products and services to individuals and institutions. Exto ...
Disclaimer:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Currency trading is not conducted on a regulated exchange, and as a result there are associated risks with forex trading.  Related Products

Broad Market Analysis

Overview Adaptation is the name of the game in long term trading success. Join Fernando Gonzalez ...

Controlling the Trade

Overview This course is more than simple rules, this class explores and shows you how to ...




View the original article here

0 comments:

Post a Comment