The yen to dollar currency pair continues to thrash around in the 95-97 price region creating a dangerous whipsaw on the daily chart making trading virtually impossible with yesterday’s candle exemplifying the struggle with deep wicks to top and bottom and a wide spread up...
Home » Posts tagged "yen to dollars" (Page 4)
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...
Yen To Dollar – USD vs JPY Daily Chart 28th May 2009
With a raft of fundamental news on the economic calendar for the Japanese Yen today’s currency trading could be marked by extreme volatility and surprising moves which may conflict with the technical picture, particularly as several markets are closed for the Dragon Boat national holiday. ...
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...
Yen to Dollar Daily Fx Chart 19th May 2009
Yesterday’s short squeeze higher provided excellent opportunities for opening short positions in anticipation of a deeper move lower now that we have cleared the neckline of the head and shoulders pattern (BOJ nothwithstanding), and provided we do not see a move higher above the moving...
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...
Dollar vs Yen – Daily Spot Market Chart 13th May 2009
With the dollar yen now approaching the neckline of the head and shoulders pattern of the last two months we can now begin to think about the possibility of short positions in this currency pair should this price region be broken in due course. Yesterday’s...
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...
