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Yen Dollar – Daily Chart 9th April 2009

The dollar yen currency pair is continuing to consolidating nicely between the 100 and 101 area prior to pushing higher in next week’s trading, supported by all three moving averages which are now pointing upwards.  This anticipated move received an extra boost yesterday with the...

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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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Yen To Dollar – 11th March 2009

Yesterday’s doji candle provided little in the way of a signal as the dollar yen pair continue to drift sideways and my advice remains much the same.   Until we see a firm move through the 99 dollar region and preferably above the 100 region for...

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