Home » Archive by category "Yen To Dollar Daily Chart" (Page 2)

Analysis Yen Dollar 7 Dec 2009

The dollar yen chart reacted in typical fashion last week as the Bank of Japan interevened in the currency markets once again, once the currency approached and then touched the 85 trigger resulting in the BOJ taking some positive action.  To regular currency traders such...

Continue reading »

Analysis Yen Dollar 26 Nov 2009

The dollar yen chart is now at 14 year low as traders & investors piled into the Yen on a tumultous day on the currency markets.   The dramatic rise in the Yen has prompted Hirohisa Fujii, Japan’s finance minister,  to say that ” he was...

Continue reading »

Analysis Yen Dollar 24 Nov 2009

Another day of indecision and uncertainty on the dollar yen chart, which ended the trading session with a repeat of Friday as a smalldoji cross candle, as the currency pair trade in a very tight range. As outlined in last week’s currency market commentary for...

Continue reading »

Analysis Yen Dollar 23 Nov 2009

Technically we are once again approaching that dangerous level on the dollar yen chart as the price action moves towards the 88.00 price point , which triggered the previous intervention from the Bank of Japan to prevent the Japanese yen strengthening further thereby damaging its...

Continue reading »

Dollar Yen Forex Analysis – 2 Nov 2009

The yen to dollar pair ended the trading day and week in dramatic fashion with a wide spread down candle which breached all three moving averages reinforcing the bearish sentiment in the currency pair at present, and confirming with some style the hanging man candle...

Continue reading »

Dollar Yen Forex Analysis 29 Oct 2009

The three candle hanging man pattern was duly confirmed yesterday with the yen to dollar pair ending the trading session with a wide spread down candle, which closed marginally below all three moving averages, and suggesting that the recent rally may have come to a...

Continue reading »

Dollar vs Yen 26 Oct 2009

The yen to dollar pair continued the recent strong rally once again on Friday, ending the trading session with another wide spread up candle, adding to that of Thursday, and more importantly breaking above the minor resistance level in the 91.50 price region, suggesting that...

Continue reading »

Dollar vs Yen Chart Analysis 19 Oct 2009

The temporary move higher for the yen to dollar currency pair which was partly due to Japanese exporters settling accounts which they tend to do on the 5th, 15th and 25th of each month appears to have run out of steam, with Friday’s candle ending...

Continue reading »

Dollar vs Yen Chart 16 Oct 2009

With the floor of the reversal from the downwards trend now firmly established in the 88.50 price region, the yen to dollar pair surged higher yesterday as the market bought US dollars in favour of the Japanese currency, and ended the day with a wide...

Continue reading »