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Yen Technical Outlook
Wednesday, 05 August 2009 14:27:21 GMT
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- Tuesday, 25 August 2009 15:16:22 GMT Yen Technical Outlook
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- Friday, 07 August 2009 14:28:05 GMT Yen Technical Outlook
- Thursday, 06 August 2009 14:14:53 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
- Thursday, 23 July 2009 13:50:50 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. The USDJPY has traded through the day SMA (95.22 today), and focus is now on channel resistance, which is at 96.45 today and decreases about 5 pips per day. Bears remain favored against 97.00.
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