The following is a fresh USDJPY update from a long time, highly respected Global-View member who I nicknamed the Savvy Trader after he called the top at USDJPY at 160-162 well in advance. Since then, he has been kind enough to share his latest view on USDJPY in a series of emails, which we have posted in our blog.
It is 23 years since the terror attacks on 9/11/2001 that changed NYC and the course of history. For those who lived through it, as I did, we will never forget. For a younger generation, it is hard to describe the feeling and emotion of that dreadful day as I sat frozen in front of my trading platform.
LONDON, Sept 11 (Reuters) – A look at the day ahead in U.S. and global markets by Dhara Ranasinghe.
As a combative U.S. presidential debate grabs attention, upcoming U.S. inflation numbers have fallen into the background — but perhaps only temporarily.
Next focus is on the US CPI report in 2-1/2 hours. Click below for a detailed preview.
Newsquawk.com Week Ahead: 9th-13th September
Highlights include China CPI, US CPI/PPI, ECB rate decision; UK GDP & employment/wages
USDCAD Daily
Loonie went on several occasions on stop hunting below The Major Support trend line, but never – ever closed even ones below.
Important resistance and deal breaker is at 1.36300 – if above sky is the limit 😀
Supports : 1.35650 , 1.35150 & 1.34850
Resistances : 1.36300 , 1.36850 & 1.37850
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