Report

USDJPY medium

USD/JPY key resistance at 111.61-111.97 held firm, MACD is turning down from the overbought area and the recent uptrend has given way hence there is a high chance of a dip to 107.48-108.32 area, possibly 106.65-107.06. A break above 110.22 to open 111.61 test
Provider
Alpha Experts - Beta Financial Ltd
Alpha Experts - Beta Financial Ltd

Trevor Neil's - BETA Group works closely with professional services including Thomson Reuters, London Stock Exchange, NYSE Euronext, the Technical Analyst Magazine, CISI, ACI and other world class institutions. Providing quality analysis of the 26 FX Markets plus Silver and Gold.

Trevor Neil MSTA MCSI has over 40 years professional market experience starting as a floor trader on the London Commodities Exchange working for Merril Lynch on 1974. He has worked in the market ever since. He became a fund manager in the 1990's operating a publicly quoted fund for a City Investment bank. After a spell as Global Head of Technical analysis for Bloomberg, he returned to the market establishing a hedge fund based in South Africa. He sold out of the fund in 2006. He returned to the UK an has operated his own algo fund since. BETA Educators offers customised skills training for banks, energy companies, central banks, exchanges, funds and corporate treasuries worldwide.,

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Trevor Neil

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