Tag Archives: bullish correction
Usd/Jpy Technical Analysis for 9th February 2009
Posted on09. Feb, 2009 by admin.
The Daily chart showing that the pair is still in the bullish configuration; however, the RSI is already floating in the overbought territory. On the contrary, there is a fresh bullish cross on the hourly chart’s Slow Stochastic indicating a bullish correction might take place in the nearest future. In that case traders are advised [...]
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Usd/Jpy Technical Analysis for 13th January 2009
Posted on13. Jan, 2009 by admin.
The daily chart is showing mixed signals with its RSI fluctuating at the neutral territory. However, the 4 hour chart’s RSI is already floating in the oversold territory indicating that a bullish correction might take place in the nearest future. When the upwards breach occurs, going long with tight stops appears to be preferable strategy.
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Usd/Jpy Technical Analysis for 18th December 2008
Posted on18. Dec, 2008 by admin.
The hourlies chart is showing mixed signals with its RSI fluctuating at the neutral territory. However, the Daily Chart’s RSI is already floating in the oversold territory indicating that a bullish correction might take place in the nearest future. When the upwards breach occurs, going long with tight stops appears to be preferable strategy.
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Usd/Jpy Technical Analysis for 16th December 2008
Posted on16. Dec, 2008 by admin.
The 4 hour chart is showing mixed signals with its Slow Stochastic fluctuating at the neutral territory. However, the Daily Chart’s RSI is already floating in the oversold territory indicating that a bullish correction might take place in the nearest future. Going long with tight stops appears to be preferable strategy.
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Usd/Jpy Technical Analysis for 12 December 2008
Posted on12. Dec, 2008 by admin.
The Daily chart’s showing that the pair is still in the bearish configuration; however, the RSI is already floating in the oversold territory indicating that a bullish correction might take place in the nearest future. Going long with tight stops appears to be preferable strategy.
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Usd/Jpy Technical Analysis for 8th December 2008
Posted on08. Dec, 2008 by admin.
The hourly chart’s showing that the pair is still in the bullish configuration; however, the RSI is already floating in the overbought territory. On the contrary, there is a fresh bullish cross on the daily chart’s Slow Stochastic indicating that a bullish correction might take place in the nearest future. In that case traders are [...]
