Your Source for Daily FOREX Market News and Analysis
Saturday, 21 November 2009 GMT
FOREX ALERTS >>
- USD Graphic Rewind Fri, 20 Nov 2009 07:11 GMT
- Opening Comment Fri, 20 Nov 2009 06:23 GMT
jpy technicals
Article
Yen Technical Outlook
Thursday, 23 July 2009 13:50:50 GMT
|
Previous Articles
Print
- Tuesday, 25 August 2009 15:16:22 GMT Yen Technical Outlook
- Monday, 24 August 2009 14:20:03 GMT Yen Technical Outlook
- Friday, 14 August 2009 14:59:59 GMT Yen Technical Outlook
- Thursday, 13 August 2009 14:35:31 GMT Yen Technical Outlook
- Wednesday, 12 August 2009 14:38:21 GMT Yen Technical Outlook
- Tuesday, 11 August 2009 14:08:00 GMT Yen Technical Outlook
- Monday, 10 August 2009 14:51:26 GMT Yen Technical Outlook
- Friday, 07 August 2009 14:28:05 GMT Yen Technical Outlook
- Thursday, 06 August 2009 14:14:53 GMT Yen Technical Outlook
- Wednesday, 05 August 2009 14:27:21 GMT Yen Technical Outlook
- Friday, 31 July 2009 15:01:23 GMT Yen Technical Outlook
- Thursday, 30 July 2009 14:14:08 GMT Yen Technical Outlook
- Wednesday, 29 July 2009 15:10:27 GMT Yen Technical Outlook
- Tuesday, 28 July 2009 14:25:53 GMT Yen Technical Outlook
- Monday, 27 July 2009 14:30:47 GMT Yen Technical Outlook
- Friday, 24 July 2009 15:44:51 GMT Yen Technical Outlook
- Wednesday, 22 July 2009 14:20:27 GMT Yen Technical Outlook
- Tuesday, 21 July 2009 14:20:25 GMT Yen Technical Outlook
- Monday, 20 July 2009 15:00:09 GMT Yen Technical Outlook
- Friday, 10 July 2009 14:25:17 GMT Yen Technical Outlook
The drop below 93.50 eliminates the bullish triangle count and leaves us with the bearish count in which the decline from 101.50 is a series of 1st and 2nd waves. Resistance from Fibonacci extends to 95.00, which is reinforced by the 200 day SMA at 95.25. Bears are favored against 97.00.
Resources
