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November, 13 - USD/JPY chart plummets lower and lower

 

No matter how much we might want it, the turmoil around the world is just never going to stop. There is always the next thing around the corner that has all the possibility to disrupt our trading and that has the potential to become the next big show-stopping thing for us. For example, riots and protests in Hong Kong. We might often forget about them, but in reality they have never stopped. It has been months and months since they first broke out and they too have had an influence in global trading.

 

usdjpy 13.11.2019

 

Despite greenback gaining power and recovering after the speech Donald Trump made yesterday, we can still see that yen is not slowing down. On the contrary, Hong Kong being rattled up once again is driving traders and investors closer towards this safe haven and they are not really planning on leaving any time soon, or so it seems. Since yesterday, no matter USD reaction, JPY added 0.13 percent against the greenback. And we can see and hope that the growth is only going to be extended.

 

Of course, this means that USD/JPY chart is going to go lower and lower, although whether it is going to last for a long time can only be answered with trading signals.

 

 

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