Exceptonal Times : DOW USD & YEN RELATED CROSSES RISE

CIPHER3 - PRICE ACTION ANALYSIS: 

The #DOW JONES and the #USD (DXY) are outperforming their peers with the recent rally we all have seen just this week alone. Exceptional times do occur when the US manages to come up with its own arsenal (so to speak) and outperforms the rest of the markets.

This has been our stand for sometime and have stayed the course. Our recent market view dated the 12th of September has held true especially with the "CCY Preference" that we have stated. Yen related crosses have likewise outperformed the majors volume and price momentum with the USDJPY taking the lead which has spilled over exceptionally well with the GBPJPY, CHFJPY, SGDJPY respectively.

Aside from Janet Yellen statements on rates and the FED'stance in keeping rates over an extended period, JOBS has been their main focus which has been receiving quite positive reviews contrary to wht other analysts say. However, with increase trading volumes and price momentum; The USD Index ability to move @84.81 high is impressive enough to push USDJPY to its current levels @108.95 to this writing. GBPJPY @178.23, CHFJPY @116.11, SGDJPY @85.75 respectively.

Congratulations! : 5 Trader/Investors who attended the Open Forum yesterday are very happy today with their own trade decision to take up these CCY pairs discussed. Reference to Price action Analysis dated the 12th of September - Insight to the Cross rates stated above. Now that you're ahead , stay ahead! 

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