The US dollar has been all over the place during the month of March, as traders are trying to figure out what to do about global growth and global risk appetite.
The Japanese yen strengthened significantly against the US dollar on Thursday, after seeing several hammers print in a row reaching towards the upside.
The US dollar continues to bounce around just below the ¥112 level, an area that seems to be a bit of a brick wall.
The US dollar initially fell during the trading session on Tuesday, but yet again had seen buyers near the ¥110 level to turn things around and form a massive hammer.
The US dollar pulled back a bit initially during the trading session on Monday but found enough support near the ¥109.50 level to turn around and rally again.
With the global liquidity rush pressuring the US Dollar higher across the board, it created a distorted image in the Forex market.
The US dollar initially fell during the trading session on Friday but found enough support underneath the turn things around and show signs of life.
The US dollar rallied significantly during the trading session on Thursday as we continue to see a lot of volatility out there.
The US dollar has been all over the place as of late, especially against the Japanese yen.
The US dollar rallied a bit during the trading session on Thursday, reaching towards the ¥108 level, an area that has been resistance previously.
The US dollar went back and forth during the trading session on Monday, as the Federal Reserve cut interest rates by 100 basis points
The US dollar has skyrocketed against the Japanese yen during a frantic session on Friday, reaching towards the 200 day EMA in the blink of an eye.
The US dollar has fallen during most of the trading session against the Japanese yen as traders out there try to figure out with going on next.
The recent sharp collapse of the U.S dollar and stock markets to the point where Wall Street became an arena of terror
The US dollar exploded to the upside against the Japanese yen during trading on Tuesday.