Yesterday’s wide spread down bar continued the sideways consolidation for the dollar yen pair which we have come to know and love over the last few months and my trading suggestion, for this pair, remains the same, which is to stay out until we see...
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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 – USD vs JPY Daily Chart 3rd June 2009
There is very little that I can add, to my analysis from yesterday in the daily commentary for the yen to dollar pair, and my advice therefore remains the same – stay out of this pair until further notice! Once again the market reversed, closing...
Yen To Dollar – USD vs Yen Monthly Chart 1st June 2009
As we begin a new month I thought it would be apposite to review the progress of the yen to dollar currency pair and, in particular, to take a look at the monthly chart which should provide us with a different perspective on where we...
Yen To Dollar – USD vs JPY Daily Chart 28th May 2009
With a raft of fundamental news on the economic calendar for the Japanese Yen today’s currency trading could be marked by extreme volatility and surprising moves which may conflict with the technical picture, particularly as several markets are closed for the Dragon Boat national holiday. ...
Dollar Yen – Daily Chart For US Dollar Japanese Yen 26th May 2009
With little in the way of fundamental news on the economic calendar for either the US dollar and Japanese Yen currency traders are looking to the bigger geopolitical picture for a degree of direction. Looking back on last week’s price action for the dollar yen...
Dollar Yen Daily Chart – USD/JPY Chart 22nd May 2009
The daily chart for the dollar yen provides us with several interesting aspects to consider from a technical viewpoint and, more importantly, some excellent trading opportunities in the short term. The first important point to note is that we have now broken below the neckline...
Dollar vs Yen – Daily Spot Market Chart 13th May 2009
With the dollar yen now approaching the neckline of the head and shoulders pattern of the last two months we can now begin to think about the possibility of short positions in this currency pair should this price region be broken in due course. Yesterday’s...
Dollar Yen – Daily FX Chart For Yen To Dollar 11th May 2009
The dollar yen continues to consolidate sideways and was one of the few pairs that failed to benefit from a sustained US dollar sell off on Friday. With all three moving averages intertwined and with daily candles showing little prospect of wide spread break outs...
Yen Dollar – Daily FX Chart USD/JPY 7th May 2009
With Japan now back from their Golden Week Holiday, yesterday provided some much needed price movement in the dollar yen pair which although indecisive, was nevertheless welcome. The daily candle closed above all three moving averages having first tested all three and bounced off the...
