The yen to dollar currency pair never fails to exasperate and bore in equal measures and yesterday’s candle came completely out of the blue ending the day as a wide spread up bar racing through the 9 day moving average while finding some resistance at...
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Yen To Dollar – USD/JPY Trading Currency Daily Chart 29th June 2009
There is little I can add to the price action for the dollar yen pair that I have not said before, as the pair continue to slide lower in ever smaller incremental steps. This downward pressure was helped on Friday with a down bar which...
USD vs JPY – Yen To Dollar Daily Chart 23rd June 2009
Yesterday’s wide spread down bar confirmed that in an otherwise messy picture, that the general bias for the yen to dollar pair is probably bearish and this may well be where we finally see a break below the 94 price point mentioned in several previous...
USD/JPY – Dollar Yen Daily Candle Chart 22nd June 2009
Very little change on the yen to dollar daily chart with Friday’s candle once again reinforcing the consolidation of the currency pair finishing the day in a narrow trading range and with shadows to both top and bottom. This currency pair remains one to avoid...
Yen To Dollar – USD/JPY Daily Chart 19th June 2009
The dollar yen continued in its protracted and remorseless sideways consolidation yesterday reversing the trend of earlier in the week and closing the day up 55 pips but marginally below the 40 day moving average. Until this pair breaks out of this sideways range and...
Dollar Yen Daily Chart – USD/JPY Currency Rate 18th June 2009
Yesterday’s candle on the dollar yen chart was symptomatic of the current mood for this particular currency pair ending the day with a long legged doji with the opening and closing prices virtually identical. This followed Tuesday’s wide spread down bar which should have signalled...
USD vs JPY – Yen To Dollar Daily Chart 16th June 2009
The overnight statement from the Bank of Japan, and its decision to leave interest rates on hold, finally injected some much needed momentum into the dollar yen pair today with a significant down wards move which has now breached all three moving averages and is...
USD/JPY – US Dollar vs Japanese Yen 12th June 2009
An exciting week on the dollar yen chart, starting with a spinning top on Monday, down bar Tuesday, up bar Wednesday, down bar Thursday and an up bar today – metronomic, lethargic and impossible to trade as the Fed and BOJ slug it out. Like...
Dollar vs Yen – USD/JPY Daily Currency Chart 11th June 2009
The yen to dollar currency pair continues to trade in a world of its own with yesterday’s up bar reversing the down bar of Tuesday, and trading at present could be likened to a flip of a coin, and with about as much chance of...
Dollar vs Yen – Daily Candle Chart USD/JPY 9th June 2009
The yen to dollar pair continues it’s tortuous path sideways, ending the daily chart with a spinning top doji candle, suggesting a reversal from Monday’s wide spread up bar, which has duly been confirmed in this morning’s early trading session, with the pair falling back...
