Yen Signals More Pain for Dollar Bulls

The video discusses the current state of the foreign exchange market, focusing on the yen and its relationship with the dollar. It covers recent trends in the dollar-yen trade, including technical resistance levels and market momentum. The potential impact of Janet Yellen's upcoming testimony on the market is analyzed, along with the sentiment surrounding the Trump trade. The video also highlights the importance of technical analysis in understanding market movements and the role of leverage in trading strategies.

What is the significance of Janet Yellen's upcoming testimony in relation to the foreign exchange market?

What are the current market sentiments regarding the Trump trade and how are traders reacting?