GBP CAD Reversal in the Making?
June 24, 2009 6:43 pm by Anton Eljwizat• The charts below are the 4-hour chart and daily chart for GBP/CAD by ForexYard • The technical indicators used are the Slow Stochastic and RSI
USD JPY on Course for Reversal?
June 23, 2009 11:37 am by Anton Eljwizat- Below are the 4-hour chart and the daily chart for the USD/JPY by ForexYard. - The indicators used are the MACD, Slow Stochastic and RSI.
Impending Bullishness for the EUR/JPY?
June 22, 2009 2:39 pm by Anton Eljwizat· Below is the 4-hour chart and the daily chart for the EUR/JPY by ForexYard. · The indicators used are the MACD, Slow Stochastic and RSI.
USD/JPY Upward Correction Taking Place
June 16, 2009 11:39 pm by Anton Eljwizat- Below is the hourly chart for the USD/JPY. - The indicators used are the Slow Stochastic and RSI. - Point 1: The Slow Stochastic indicates an impending bullish cross, which may signal an upward movement is going to occur in the ...
Yen Sees Modest Gains
June 10, 2009 11:35 am by Natalie R.The Yen advanced for the second day against most major currencies. A downturn in Asian stock prices as well as negative economic data from the EU dampened risk appetite and spurred demand for the relative safety of the Japanese currency.
JPY Confidence Strong in Japan
May 26, 2009 12:34 pm by Greg HoldenThe Japanese currency has been experiencing a rise recently, reaching as high as 92.24 Yen versus the USD on May 22nd. The Yen rose to a two month high against the Dollar on Friday after Japan’s finance minister announced the ...
Pacific Currency Forecast – 4 May 2009
May 4, 2009 5:08 am by Russell GlaserJPY This past week the JPY saw significant weakness against the major currencies as reduced risk sentiment sunk the Yen. Despite swine-flu influencing global health concerns, a rise in equity markets and better than expected financial results have helped raise ...
Asian Market Forecast – Week of April 27th
April 27, 2009 12:32 am by Russell GlaserJPY This past week the Yen strengthened considerably against the Dollar, the Pound and the EUR. Driving the Yen's bullishness were lower U.S. equity markets, reports of a potential reduction in the sovereign credit rating of Britain, and stronger economic indicators ...
Bullish Pacific Currencies? JPY-AUD-NZD Market Forecast
March 30, 2009 1:06 pm by Dan EduardJPY The JPY has experienced a rough week of bearish trading against the majors. The JPY is currently down by about 60 pips against the USD, as investors sway away from the Japanese currency. The Yen is also down against most ...
JPY’s Slump to Continue – March Forecast
March 1, 2009 11:56 pm by Russell GlaserThe Yen continues to depreciate against the U.S. Dollar as fundamental data makes the once tried and true safe-haven currency less desirable. Traders have fled higher yielding currencies, placing their positions in the USD as the Japanese economy has suffered ...
