The Yen-crosses.
Hussin has teached, that the yen crosses are driven by the
10 year treasury note, if it falls, the yen crosses fall. Today we have
seen an upward movement, which I thougt is the beginning as a try
to fill last sundays gab, but after a nice bull run during asian session and rate decision the bias changed during london session. US session has managed to bring back price down. The Gap for TNX was filled.
Today candle with its long upper wick indicates selling pressure.
We can expect much much lower moves on the yen crosses, until we see a major reversal pattern, maybe with an upward GAP. But until now, we are....well...nearly in the middle, of the way to go.
Hussin has teached, that the yen crosses are driven by the
10 year treasury note, if it falls, the yen crosses fall. Today we have
seen an upward movement, which I thougt is the beginning as a try
to fill last sundays gab, but after a nice bull run during asian session and rate decision the bias changed during london session. US session has managed to bring back price down. The Gap for TNX was filled.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Today candle with its long upper wick indicates selling pressure.
We can expect much much lower moves on the yen crosses, until we see a major reversal pattern, maybe with an upward GAP. But until now, we are....well...nearly in the middle, of the way to go.
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)