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Dollar Yen – 6th March 2009

Yen We were right to be cautious yesterday, with the day finishing with a down bar and a bearish engulfing signal, which has followed through in this morning’s trading session, moving below the 9 day moving average. On a personal note I have now been...

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Dollar Yen Currency – 3rd March 2009

Following yesterday’s doji on the daily chart with a small red body, prices have started to rise again today,and provided we can clear through the resistance in the immediate area, then there is no reason to suppose that we shouldn’t see a move back towards...

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Dollar Yen ( USD/JPY) – 5th February 2009

Following on from yesterday, the sideways movement continues unabated! ( exactly the same situation as on the usd cad, another currency pair I follow closely). As we saw yesterday the pennant is now forming with lower highs and higher lows, consolidating around the $90 region,...

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Yen Dollar – Weekly Chart 2nd February 2009

Last week’s candle was an up bar, but unfortunately one that tells us little about the future direction for the yen dollar pair, other than we can probably expect more sideways movement this week as it hovers between 88.00 and 91.00. As I mentioned in...

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