Español Mon, 12 May 2008
head-search-back
News Calendar Charts Currency Rooms Forum DailyFX Plus Sign In

advertisement

COT 05/05

Monday, 05 May 2008 20:24:29 GMT

Printer Friendly | Email Article | RSS | Previous articles
Written by Jamie Saettele, Currency Analyst

Implications: Bullish

05-05-08cot6

JPY:  The 52 and 13 week COT indexes are at 86 and 58 now.  The 13 week index bounced from last week’s 0 reading, suggesting that the trend is back towards Yen strength.  Therefore, it is time to begin looking for opportunities to buy Yen again (sell Yen crosses).

< Prev  [ Back ]