Posted by Jens on Monday, November 2, 2009,
In :
USD/JPY Pair
Japanese Yen (JPY)
The Yen gained versus the Dollar and other majors as risk aversion grew following weak economic data. Japanese Unemployment Rate came out 5.3% better than 5.6% expected. Overall, USD/JPY traded with a low of 89.91 and a high of 91.58 and EUR/JPY traded with a low of 132.30 and a high of 135.91. Today is Culture Day in Japan and banks will be closed.
Posted by Jens on Tuesday, October 27, 2009,
In :
USD/JPY Pair
The pair is challenging its bullish channel lower boundry, the RSI is badly directed. Suggest short positions below 92.35 with targets at 91.8 and 91.55 The upside penetration of 92.35 will call for 92.6 and 92.9 Continue reading ...
Posted by Jens on Monday, October 26, 2009,
In :
USD/JPY Pair
The pair is challenging its bullish channel lower boundry, the RSI is mixed and calls for caution. Suggest long positions above 91.55 with 92.25 and 92.6 as next targets. The downside penetration of 91.55 will call for slide towards 91.3 and 91 Continue reading ...
