Even as the markets awaits possibly the most important item of fundamental news on the economic calendar relating to the Japanese economy, Japan’s Q1 Tankan large manufacturers business conditions survey, to be released Apr 1, is forecast to tumble to -55 from -24 in Q4...
Home » Posts tagged "japanese yen us dollar" (Page 3)
Yen To Dollar – Daily Candle Chart 30th March 2009
Friday’s down bar in the yen to dollar pair once again confirmed the strong resistance now built up just below the $99 region with yet another failure to breach this level adding to a long list in the last few weeks. This region is now...
Yen To Dollar – Daily Candle Chart 27th March 2009
Well done if you managed to take some pips in yesterday’s up candle which once again closed the session at the strong resistance level of 98.74 which is proving to be a major barrier to any move higher despite all three moving averages suggesting a...
Yen To Dollar – Daily Candle Chart 25th March 2009
Whilst yesterday’s wide spread up bar closed above all 3 moving averages it is interesting to note that once again the market has failed to clear the 98.75 region indicating that this is building into a very strong resistance area and therefore I would advocate...
Yen to Dollar – Daily Candle Chart 24th March 2009
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...
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 – Candle Chart 18th March 2009
Remaining a very difficult pair to call as tension continues between the yen to dollar. up bar of yesterday, whilst closing above the 9 and 14 day moving averages, did little to provide anything in the way of a signal and as I have said...
Yen to Dollar – Weekly Candle Chart 9th March 2009
As it’s a new week, I’ve taken the weekly chart in order to provide a different perspective on our trading for this week. As I mentioned last week, my long term trade was stopped out, so I am now looking to re-enter the market at...
Dollar Yen – 6th March 2009
Yen We were right to be cautious yesterday, with the day finishing with a down bar and a bearish engulfing signal, which has followed through in this morning’s trading session, moving below the 9 day moving average. On a personal note I have now been...
Dollar Yen Candle Chart – 24th February 2009
More good solid profits yesterday in the dollar yen as we continue to build the rally away from the consolidation area, and through our initial target of $95. Now we are looking for a move higher possibly to the $98 and then the psychological high...
