Here is my analysis on the market before New York time.
The price touched 2σ upper line based on the Stochastics, it has apart from the line. USDJPY price path looks like EURUSD but already has touched the lower band. It looks a good timing to long JPY.
The price touched 2σ upper line based on the Stochastics, it has apart from the line. We had seen the directional change after the same situation and we need to cautious. First stop line will be 2σ lower line on the Stochastics and now is on the half way. However, the long term trend is still upward.
In Asia and EU time, UST yield has been up and down with EU Reconstruction Fund headlines. Now yield has been down and 10 year yield has tried to break 0.6%.
DAX index goes up now based on expectation for the agreement of EU Reconstruction Fund.
My recent view with Japanese words.