Friday’s candle for the yen to dollar currency pair provided us with little in the way of trading signals ending the session as a narrow spread doji squeezed between the 9 and 14 day moving averages. The general tone for the dollar yen remains bearish...
Home » Posts tagged "usd vs jpy"
Yen To Dollar – USD/JPY Daily Candle Chart 2nd July 2009
Yesterday’s candle on the yen to dollar daily chart merely confirmed what we already know, namely that it is impossible to predict the direction for the pair at this stage. The candle indicated a day of indecision with an upper wick, a narrow body which...
Yen To Dollar – Daily Currency Chart 25th June 2009
The dollar yen pair continues to frustrate and generally annoy on the daily chart (which is always a bad sign for any trader) as the sideways consolidation and whipsaw show little sign of coming to an end. Yesterday’s FOMC statement provided little in the way...
USD/JPY – Dollar Yen Daily Candle Chart 22nd June 2009
Very little change on the yen to dollar daily chart with Friday’s candle once again reinforcing the consolidation of the currency pair finishing the day in a narrow trading range and with shadows to both top and bottom. This currency pair remains one to avoid...
Yen To Dollar – USD/JPY Daily Chart 19th June 2009
The dollar yen continued in its protracted and remorseless sideways consolidation yesterday reversing the trend of earlier in the week and closing the day up 55 pips but marginally below the 40 day moving average. Until this pair breaks out of this sideways range and...
Dollar Yen Daily Chart – USD/JPY Currency Rate 18th June 2009
Yesterday’s candle on the dollar yen chart was symptomatic of the current mood for this particular currency pair ending the day with a long legged doji with the opening and closing prices virtually identical. This followed Tuesday’s wide spread down bar which should have signalled...
Yen vs Dollar – USD/JPY Daily Spot Chart 15th June 2009
Friday’s up candle in the yen to dollar currency pair came as no great surprise reversing that of Thursday, and continuing the metronomic and increasingly tedious sideways consolidation of the last few months, which at present shows little sign of ending. Indeed this morning’s price...
Dollar vs Yen – USD/JPY Daily Currency Chart 11th June 2009
The yen to dollar currency pair continues to trade in a world of its own with yesterday’s up bar reversing the down bar of Tuesday, and trading at present could be likened to a flip of a coin, and with about as much chance of...
Yen To Dollar – USD vs JPY Daily Chart 10th June 2009
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...
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...
