The dollar yen continues to struggle higher but without any great conviction at present with yesterday’s down candle symptomatic of this lack of momentum at present. However, the low of yesterday did find some support from the 9 day moving average and this pattern appears...
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Dollar vs Yen – Daily Chart Analysis 18th March 2010
The yen to dollar currency pair continued to trade sideways yesterday in a very narrow trading range as we approach the end of the Japanese accounting period on March 31st , with the forex pair range-bound between 90 and 91 as a result. As always...
Analysis Yen Dollar 25 Feb 2010
Last week’s failure by the yen to dollar pair to breach the 200 day moving average proved to be a key turning point with the pair reversing sharply lower this week and once again breaking below all four moving averages. This price action mirrors that of...
Yen To Dollar – Daily Chart 9th February 2010
The yen to dollar yen pair continue to prove an extremely difficult currency pair to trade, as this key forex pair remain range bound between 94 to the upside and 85 to the downside as the struggle between the two safe haven currencies continues unabated....
Analysis Yen Dollar 27 Jan 2010
Following the tweezer top reversal candle pattern of earlier in the month, the dollar yen chart pair has continued to slide lower, once again moving below all three of our short term moving averages (9,14 & 40 day) as well as the 200 day, and...
Analysis Yen Dollar – Dollar vs Yen Chart 12th January 2010
Yesterday’s candle on the yen to dollar daily chart ended the trading session as a doji with a narrow spread and wicks to both top and bottom, suggesting an indecisive market that is now looking for some direction in the 92 to 93 price region. ...
Yen To Dollar – USD/JPY Analysis Daily Chart 7th January 2010
The yen to dollar currency pair continued its strong recovery once again today, ending the trading session with a wide spread up candle which found strong support technically from both the 9 and 14 day moving averages, suggesting that this move is not running out...
Analysis Yen Dollar 7 Dec 2009
The dollar yen chart reacted in typical fashion last week as the Bank of Japan interevened in the currency markets once again, once the currency approached and then touched the 85 trigger resulting in the BOJ taking some positive action. To regular currency traders such...
Analysis Yen Dollar 26 Nov 2009
The dollar yen chart is now at 14 year low as traders & investors piled into the Yen on a tumultous day on the currency markets. The dramatic rise in the Yen has prompted Hirohisa Fujii, Japan’s finance minister, to say that ” he was...
Analysis Yen Dollar 24 Nov 2009
Another day of indecision and uncertainty on the dollar yen chart, which ended the trading session with a repeat of Friday as a smalldoji cross candle, as the currency pair trade in a very tight range. As outlined in last week’s currency market commentary for...
