Posts Tagged ‘USDJPY’
USDJPY – has been drilled with enough force bassist guideline
April 8th, 2010
As seen in the weekly chart, the Dollar-Yen has been drilled with enough force main bassist guideline medium term was drawing after setting up from 124.15 in June 2007. Yesterday I went to a session high at 92.95. (more...)
Tags: carry trade, dollar, Fibonacci, USDJPY
USDJPY – has been drilled with enough force bassist guideline
April 4th, 2010
As seen in the weekly chart, the Dollar-Yen has been drilled with enough force main bassist guideline medium term was drawing after setting up from 124.15 in June 2007. Yesterday I went to a session high at 92.95.After this event we believe you have a clear potential to 95 and 100. Near this latter point passes 38.20% of all Fibonacci retracement downward momentum from the peak in the 124.15 to the minimum of 84.82 multiyear. Prior has another important resistance at 93.76. Many analysts point to the range of 100-110 in which it would put its fair value.
(more...)
Tags: carry trade, dollar, Fibonacci, USDJPY