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Yen To Dollar Weekly Chart – 23rd March 2009

Trading any yen cross at this time of year can be quite tricky as we approach Japan’s end of year on 31st March. Whilst last week’s candle confirmed the short term bearish sentiment it was less than convincing for two reasons:  firstly the lower shadow...

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Dollar Yen – 18th February 2009

The rally in the dollar yen continued yesterday, and hopefully you followed my suggestion with small long positions, which is the same advice for today. Looking at the daily chart, the candle from yesterday was an up bar with tall three moving averages providing solid...

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Yen To Dollar – 17th February 2009

As I suggested in yesterday’s yen to dollar chart, I believe we are seeing the start of a short term rally from the sideways consolidation of the lats few weeks, with the pair likely to start testing resistance above at $93.50 and beyond. With all...

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