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13/02/2014: Short USD/JPY position stopped out

A big rally this afternoon on Dollar/Yen has breached all intraday resistance levels.

I still believe that Dollar Yen has downside pressure yet to play out.

I have though been stopped in my short position in the meantime.


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At Hantec Markets Ltd we provide an execution only service. Any opinions expressed by analyst Richard Perry should not be construed as investment advice or an investment recommendation. This report does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Forex and CFDs are leveraged products which can result in losses greater than your initial deposit. Therefore you should only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seeking independent advice if necessary prior to entering into such transactions.