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Yen To Dollar – Daily Chart 8th April 2009

Mmm! Yesterday’s candle neither confirmed nor denied the gapped up shooting star of Monday which we saw as a possible early warning that the market may have temporarily run out of steam before moving higher, with the bar finishing marginally higher and with a long,...

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Yen Dollar – Daily Chart 3rd April 2009

Just a short post on the yen to dollar pair as the market waits for the NFP data and ISM data due out shortly.  The bullish signal engulfing signal of yesterday would, on any other day, be sufficient to recommend a buy into the market...

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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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