Tag Archives: wait for a clearer signal

Usd/Jpy Technical Analysis for 5th February 2009

Posted on05. Feb, 2009 by admin.

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The pair continues to hold its range-trading pattern with no clear sign of direction. The price sits evenly between the Bollinger Bands on all charts, and continues to float in neutral territory on all oscillators. Waiting for a clearer signal might be the right choice today.

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Usd/Jpy Technical Analysis for 4th February 2009

Posted on04. Feb, 2009 by admin.

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The pair continues to hold its range-trading pattern with no clear sign of direction. However, there appears to be a bearish cross on the hourly chart’s Slow Stochastic indicating an imminent downward correction. Going short with tight stops appears to be the right strategy today.

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Usd/Jpy Technical Analysis for 2nd February 2009

Posted on02. Feb, 2009 by admin.

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The pair has been range-trading for a while now, with no specific direction. The Daily chart’s Slow Stochastic providing us with mixed signals. All oscillators on the 4 hour chart do not provide a clear direction as well. Waiting for a clearer sign on the hourlies might be a good strategy today.

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Usd/Jpy Technical Analysis for 30th January 2009

Posted on30. Jan, 2009 by admin.

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The pair has been range-trading for a while now, with no specific direction. The Daily chart’s Slow Stochastic providing us with mixed signals. All oscillators on the 4 hour chart do not provide a clear direction as well. Waiting for a clearer sign on the hourlies might be a good strategy today.

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Usd/Jpy Technical Analysis for 8th January 2009

Posted on08. Jan, 2009 by admin.

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The pair has been range-trading for a while now, with no specific direction. The Daily chart’s Slow Stochastic providing us with mixed signals. All oscillators on the 4-hour chart do not provide a clear direction as well. Waiting for a clearer sign on the hourlies might be a good strategy today.

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Usd/Jpy Technical Analysis for 31st December 2008

Posted on31. Dec, 2008 by admin.

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The pair has been range-trading for a while now, with no specific direction. The Daily chart’s RSI providing us with mixed signals. All oscillators on the 4-hour chart do not provide a clear direction as well. Traders are advised to wait for a clearer sign on the hourlies before placing transactions.

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Usd/Jpy Technical Analysis for 30th December 2008

Posted on30. Dec, 2008 by admin.

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The pair has been range-trading for a while now, with no specific direction. The Daily chart’s Slow Stochastic providing us with mixed signals. All oscillators on the 4 hour chart do not provide a clear direction as well. Waiting for a clearer sign on the hourlies might be a good strategy today.

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Usd/Jpy Technical Analysis for 23th December 2008

Posted on23. Dec, 2008 by admin.

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The pair has been range-trading for a while now, with no specific direction. Hourly chart’s Slow Stochastic providing us with mixed signals. 4 hour chart does not provide a clear direction as well. Traders are advised to wait for a clearer signal on the hourly level before placing orders today.

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Usd/Jpy Technical Analysis for 22nd December 2008

Posted on22. Dec, 2008 by admin.

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The pair has been range-trading for a while now, with no specific direction. The Daily chart’s Slow Stochastic providing us with mixed signals. All oscillators on the 4 hour chart do not provide a clear direction as well. Waiting for a clearer sign on the hourlies might be a good strategy today.

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Usd/Jpy Technical Analysis for 25th November 2008

Posted on25. Nov, 2008 by admin.

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Lately, this pair has been going through a relatively choppy trading session and seems to be unable to pick up a sustained trend. The daily chart’s Bollinger Bands are widened and its RSI flows in a neutral territory. Forex traders are advised to wait for a clearer signal before entering the market n this pair.

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