Archive for March, 2009
Usd/Jpy Technical Analysis for 23th March 2009
Posted on23. Mar, 2009 by admin.
It seems that the pair has limited its bullish correction after testing the 98.94 level. Currently a bearish cross took place on the hourly chart’s Slow Stochastic. The resumption of the bearish trend looks possible. Going short with tight stops might be the right strategy today.
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Usd/Jpy Technical Analysis for 6th March 2009
Posted on06. Mar, 2009 by admin.
The typical range trading on the daily chart continues. Both the RSI and Slow Stochastic are floating in neutral territory. The hourlies are also providing mixed signals with no specific direction. Good strategy might be to wait for a clearer signal before entering the market n this pair.
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Usd/Jpy Technical Analysis for 5th March 2009
Posted on05. Mar, 2009 by admin.
The 4-hour chart’s RSI oscillator is currently floating in the over-bought territory. The chart also shows a bearish cross on the Slow Stochastic, suggesting that the bullish trend is losing steam and a bearish correction is impending. This notion is also supported by the daily chart’s RSI oscillator which is currently floating in the over-bought [...]
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Usd/Jpy Technical Analysis for 4th March 2009
Posted on04. Mar, 2009 by admin.
A bearish cross has recently formed on the 4-hour chart’s Slow Stochastic and the price of this pair currently floats in the over-bought territory on the daily chart’s and 4-hour chart’s RSI. These oscillators are signaling that the upward momentum may begin to shift in the near future into a downward posture. Going short with [...]
