A change of view today, as I thought it would be interesting to take a look at the weekly chart for the yen to dollar forex pair, which provides a different perspective following the long sideways consolidation of the last few months, which now appears...
Yen To Dollar – Daily Forex Analysis 7th September 2009
The yen to dollar pair squeezed higher again on Friday, following Thursday’s bullish engulfing signal, ending the session with a narrow spread up bar but with deep shadows to both the top and bottom of the candle. Much of the volatility in the forex market...
Forex Trading Analysis – Yen To Dollar 31st August 2009
Forex Trading Analysis – Yen To Dollar 31st August 2009 Forex Technical Analysis The yen to dollar pair continued their stately progress lower last week, as they continue to slide lower in a series of lower highs and lower lows as shown on today’s forex...
Forex Trading Analysis Yen to Dollar 18 August 2009
Forex Technical Analysis Today’s candle on the dollar to yen forex chart ended a typically choppy forex trading session with a narrow spread up bar with a deep upper shadow to the small body suggesting that we may well see a fall in the dollar...
Yen To Dollar – USD vs YEN Daily Candle Chart 10th August 2009
Friday’s price action on the dollar to yen daily chart ended the session on an enormous up bar totally at variance with the technical picture which to all intents and purposes pointed to yet further sideways consolidation. This week is an interesting for fundamental news...
Yen To Dollar – Daily Chart USD vs YEN 6th August 2009
There is very little I can add to any of my previous comments for the yen to dollar currency pair other than it continues to thrash around in the 94 to 96 price band and shows little sign of finding any direction in the short...
Yen To Dollar – USD vs JPY Daily Chart 4th August 2009
The yen to dollar currency pair continues to trade in its own idiosyncratic and tiresome fashion which almost beggars belief and provides few trading opportunities other than a strategy based on simply flipping a coin! The only thing one can say at present is that...
Yen To Dollar – Daily Candle Chart USD/JPY 30th July 2009
The yen to dollar pair continued to move sideways yesterday ( just for a change) closing the session with an up candle this time, which reversed the losses of Tuesday and reinforcing the lack of direction so prevalent in the last few months. It is...
Yen vs Dollar – Daily Candle Chart USD/JPY 29th July 2009
Finally we had a signal of sorts yesterday, which has at least given us a clue as to the short term direction for the yen to dollar currency pair, ( other than sideways!!) – with the daily candle ending the session as a wide spread...
Yen To Dollar – Daily Candle Chart USD/JPY 23rd July 2009
There is little more I can add to any of my previous market commentaries regarding the yen to dollar, which I haven’t said before! ( but I will try!!). Sadly for us as currency traders, Ben Bernanke’s circus failed to deliver the high wire act...