Thursday, October 8, 2009

Nippy 3 hour charts update

so far only AUD/JPY has climbed above last week's high, while USD and GBP have actually broken below the little upward trendlines. the equal weight JPY index is currently at 91.17, up a bit from the last update, but much.

what gets me is the rather substantial divergence of performance between the pairs. I have always liked the Yen because of its strong tendency to rise and fall across the board, so to see some of the /JPY pairs move in completely opposite directions has me a little stumped here. suspicious too.