Yesterday’s cautionary note turned out to be more prophetic than even I expected with the dollar yen ending the day higher with a wide spread up bar closing just below the 9 day moving average, a trend we have seen continue this morning with a...
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Yen To Dollar Weekly Chart – 23rd March 2009
Trading any yen cross at this time of year can be quite tricky as we approach Japan’s end of year on 31st March. Whilst last week’s candle confirmed the short term bearish sentiment it was less than convincing for two reasons: firstly the lower shadow...
Yen To Dollar – Daily Candle Chart 19th March 2009
Yesterday’s wide spread bearish engulfing down bar has given us a clear signal for our trading direction for the next few days and this momentum has carried through into this morning’s session, despite the fact that is a national holiday in Japan today. For a...
Yen To Dollar – January 29th 2009
dollar yen currency pair trading sideways
