Posts Tagged ‘currency’
Technical Analysis Daily: USD/JPY

On Monday Dollar/Yen traded within a 50 pip range, not exactly matching the negative Interbank sentiment at bellow -52%. The currency couple depreciated from 83.59 to 83.08 yesterday, closing the day at 83.31. Today the Dollar strengthened further, climbing up to 83.65 against the Yen. On the 1 hour chart

 
Technical Analysis Daily: USD/JPY

On Friday Dollar/Yen increased insignificantly with around 40 pips, not matching the negative Interbank sentiment at bellow -40%. The currency couple appreciated from 83.23 to 83.67 on Friday, closing the week at 83.38. Today the Dollar lost ground against the Yen, dropping down to 83.08. On the 1 hour chart

 
Candlesticks and Ichimoku Trade Ideas Performance Update

We bought the greenback against Japanese yen early last week and a long position was entered at 81.80 as dollar retreated to as low as 81.77, then the currency pair did find renewed buying interest there and rallied in line with our expectation, although price did reach indicated upside target