Hurrah! Finally the USD/JPY sprang into life yesterday and with one enormous bound cleared the 94 price handle reaching an intra day low of 91.85 and closing the session on a wide spread down bar which has finally broken out from the sideways trading range...
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Dollar vs Yen – USD/JPY Daily Candle Chart 6th July 2009
Friday’s candle for the yen to dollar currency pair provided us with little in the way of trading signals ending the session as a narrow spread doji squeezed between the 9 and 14 day moving averages. The general tone for the dollar yen remains bearish...
Yen To Dollar – USD vs Yen Daily Candle Chart 30th June 2009
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...
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/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...
Yen to Dollar – USD/JPY Daily Chart Currency Rates 17th June 2009
Yesterday’s wide spread down bar on the daily chart for the yen to dollar finally injected some much needed momentum into this moribund pair with the price action starting above the 9 day moving average and finally closing below all three, indicative of the consolidation...
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...
Dollar Yen – Daily Chart USD/JPY 8th June 2009
The yen to dollar currency pair continue in their own sweet way with Friday’s candle ending the session on a wide spread up bar, penetrating the 40 day moving average and breaking back into the head of shoulders of the last few months, and closing...
Yen To Dollar – Daily Chart For The USD/JPY Currency Pair 5th June 2009
There is only one word ( well several actually but not ones I would use here!) to describe the yen to dollar currency pair at the moment, and that is YUK! My advice remains the same as for the last few weeks and that is...
