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Dollar Yen – Daily Candle Chart 26th March 2009

Yesterday’s candle confirmed once again how strong the resistance is proving to be at the current level and whilst the closing price finished above all three moving averages it simply reinforced the sideways consolidation of the last few weeks.  I can only reiterate my advice...

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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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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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Yen To Dollar – Daily Candle Chart

If you are following me on this trade, then I would suggest you move your stop loss higher ( if you haven’t already), following yesterday’s wide spread up candle, which has followed through in this mornings trading here in London. As I mentioned in yesterday’s...

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