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...

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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...

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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...

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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...

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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...

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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...

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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...

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Dollar Yen Chart 8 Oct 2009

An extremely interesting day for the yen to dollar pair yesterday as the US dollar and Japanese yen slugged it out in the markets, finally closing the session exhausted and ending as a score draw, or to put it another way, a long legged doji...

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Dollar vs Yen Chart – 30th September 2009

The yen to dollar continues to slide lower, but the question of course everyone is asking is ‘for how much longer?’ – in other words how long before the Bank of Japan steps into the market to prevent further strength in the Japanese yen which...

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