Forex (foreign exchange) Currency trading

You
GMT
London
New York
Tokyo

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue to gather momentum. The price should find a support above 103,50 (130 pips).

Resistances
105,45 - 106,20
Supports
104,50 - 103,50
updated 29 févr 2008 05:54 GMT +02:00

Receive free alerts by email when technical analysis are updated.

Latest technical analysis

Forex Forum

English
Français