- Canadian CPI Accelerates More Than Expected, USDCAD Plunges Fri, 19 Mar 2010 12:29 GMT
- Overnight Interest Rate Update 03.18.10 Thu, 18 Mar 2010 10:37 GMT
- Overnight Interest Rate Update 03.19.10 Fri, 19 Mar 2010 05:01 GMT
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- Mar, 19 US Dollar / Japanese Yen 03-19
- Mar, 18 US Dollar / Japanese Yen 03-18
- Mar, 17 US Dollar / Japanese Yen 03-17
- Mar, 16 US Dollar / Japanese Yen 03-16
- Mar, 15 US Dollar / Japanese Yen 03-15
- Mar, 11 US Dollar / Japanese Yen 03-11
- Mar, 10 US Dollar / Japanese Yen 03-10
- Mar, 09 Dollar / Yen Support Zone is 8900/50
- Mar, 08 US Dollar / Japanese Yen 03-08
- Mar, 05 Yen Plunges Most Since Early December
- Mar, 04 US Dollar / Japanese Yen 03-04
- Mar, 03 US Dollar / Japanese Yen 03-03
- Mar, 02 US Dollar / Japanese Yen 03-02
- Mar, 01 US Dollar / Japanese Yen 03-01
- Feb, 24 US Dollar / Japanese Yen 02-24
- Feb, 23 US Dollar / Japanese Yen - 02-23
- Feb, 22 US Dollar / Japanese Yen 02-22
- Feb, 19 US Dollar / Japanese Yen 02-19
- Feb, 18 US Dollar / Japanese Yen 02-18
- Feb, 17 US Dollar / Japanese Yen 02-17
Coming under 9079 creates overlapping waves and suggest that the rally from 8481 is a 3 wave correction rather than the first 3 waves of an impulse. As such, the decline from 9380 is either wave A or 1 of a bearish sequence. The advance to 9207 serves as either waves B or 2 therefore the decline is expected to extend in wave C or 3. An initial objective is 8900.
Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings), technical analysis of currency crosses on Monday, Wednesday, and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum. He is the author of Sentiment in the Forex Market. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to jsaettele@dailyfx.com.
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