The U.S. dollar climbed its way higher after the market digested the 8:30 numbers as London and US traders began to close their books ahead of the three day weekend.
In the daily currency technicals, the euro approaches triangle apex, the Japanese yen is a bit stronger, the British pound holds 1.8700, and the Swiss franc keeps a tight range.
Price Headley writes that he sees too many traders putting on positions that are far too large. This tends to lead to emotional selling decisions, as the swings in a large position's value create greater internal reactions with any trader.
Currency strategist Todd Gordon writes that heavy yen buying in the overnight sessions brought both the USD/JPY and EUR/JPY currency pairs to critical support.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Free Festival of Traders Videos
Currency
full story
printer version