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...
Home » Posts tagged "japanese yen us dollar"
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 – 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...
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 Yen Daily Forex Chart – 18th May 2009
Friday’s wide spread down candle provided a significant signal in the daily chart for the dollar yen as the close of the day finished below the neckline of the head and shoulders pattern which has been forming for the past few months, and now provides...
Yen to Dollar – Daily Spot Chart 12th May 2009
With a classic “head and shoulders” pattern now forming in the daily chart for the dollar yen we now need to wait to see if the current downwards price action, as seen in yesterday’s wide spread down bar, continues, and in particular whether the price...
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...
