Dollar Yen (USD/CHF) - 13/03/2008 - Archive

USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

100,42. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. 1H ForexSto (Modified Stochastic) crosses and gives a negative signal. The price should find a support above 100,00. If the support is broken then the target will be 99,00.

Resistances
101,30 - 102,00
Supports
100,00 - 99,75
updated 13 mars 2008 22:17 GMT +02:00

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