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All articles related to the Japanese Yen.

USD/JPY Technical Outlook on Daily Time Frame – 12th March 2013

Good day traders! Looking at the usd/jpy on the weekly time frame, we see last resistance at 94.0 being broken and which also happens to be the 38.2% Fibonacci resistance. Right now, the pair is seen aiming towards next resistance level at 97.76, after which a rise towards 100, the 50% fibonacci level would not

By |2015-04-29T11:25:55+08:00March 12th, 2013|Categories: Daily Technical Strategy, YEN Crosses|0 Comments

EUR/JPY Chart Analysis 27th Feb 2013

Good day traders! The chart below shows the pair in the H4 and it is showing attempts to base at that level based on price action that we see' aka the pintail candles appearing at that base. Lets see how the pair looks like on the daily time frame. The above chart shows that the

By |2018-03-19T12:38:06+08:00February 27th, 2013|Categories: Daily Technical Strategy, YEN Crosses|Tags: |0 Comments

USD/JPY breakout on the monthly chart signals a possible retracement from 81.4 to 87.0 in a few months.

Good day traders! The chart below shows us that pair has succeeded in breaking through its down trend line on the monthly chart. It may signal further upside to the 87 region which happens to be the 23.6% Fibonacci retracement. If you are thinking of taking a longer term trade with a good profit loss

Forex Trading: The Impotent Doji on USD/JPY

Good day traders! Took a trade today based on candlestick reversal signal, a bearish looking doji on the H4 of the USD/JPY chart was spotted. Clapped my hands with glee thinking that this is a no brainer trade that will make me some yummy pips. The failed doji on dollar yen trade This

By |2017-01-01T13:01:29+08:00November 11th, 2010|Categories: Daily Technical Strategy, YEN Crosses|Tags: , , , |0 Comments

USD/JPY Technical Analysis – 10th Nov 2010

Good day traders! Dollar Yen has broken 2 downtrend channels and looks set to move up higher. A near term correction to the downside can be expected and a test of 81.2 downtrend line is still possible. A bounce from there can take the pair higher but failure to do so can open the doors

By |2017-01-01T13:01:29+08:00November 10th, 2010|Categories: Daily Technical Strategy, YEN Crosses|0 Comments