October 12 – This Week's USD/JPY and GBP/JPY Analysis – First, European and U.S. Time
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Friday,
* USD/JPY is moving lower
* GBP/JPY moved up,
Today,
* USD/JPY started with a gap down and has since shown a further decline to its Friday low, but now has retraced a bit.
Which direction is the trend—up or down?
* GBP/JPY started almost at the closing price and is slightly down. What about this trend?
How will it move during European and American hours on Monday?
So
This week, we will analyze the trends and values using the Keikana Line (line method).
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