Issued: 10/22/2015
December Japanese Yen:
1. The December Japanese yen is expected to decline further and test/attempt $82.58/$57 (or lower) into Friday, October 26 (+1 day).
2. How the December Japanese yen handles this decline will likely prompt new long entry once the market settles after the above-noted completion. Will update.
David Williams
Issued: 10/23/2015
December Japanese Yen:
1. Yesterday’s (October 22) report noted that the December Japanese yen was expected to decline further and test/attempt $82.58/$57 (or lower) into Friday, October 26 (+1 day).
2. Today’s (Friday, October 23) December Japanese yen decline further and completed the $82.58/$57 downside target (and lower) completing the forecast. This is an important further confirmation for later trading activity in the Japanese yen. Will update.
David Williams