Dollar Yen (USD/CHF) - 27/02/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

106,46. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 106,00 support. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The consolidation should continue. The price should find a support above 106,00.

Resistances
106,60 - 107,00
Supports
106,25 - 106,00
updated 27 févr 2008 22:01 GMT +02:00

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