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Dollar Yen – Daily Candle Chart 26th March 2009

Yesterday’s candle confirmed once again how strong the resistance is proving to be at the current level and whilst the closing price finished above all three moving averages it simply reinforced the sideways consolidation of the last few weeks.  I can only reiterate my advice...

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Yen To Dollar – Daily Chart 20th March 2009

Yesterday’s wide spread down bar confirmed the bearish engulfing signal of Wednesday and temporarily pierced the 40 day moving average before closing marginally above on the day.  The tone of the yen to dollar pair is now heavily bearish and it is only a matter...

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