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- Friday, 16 October 2009 16:40:51 GMT EURGBP Short Term Decline Overdone
- Thursday, 15 October 2009 22:59:12 GMT USDCAD Rally Just a Correction
- Thursday, 15 October 2009 21:11:29 GMT Daily Pivot Points
- Thursday, 15 October 2009 07:56:53 GMT EUR/USD Sell Recommendation Issued @1.5035 (Daily Classical)
- Wednesday, 14 October 2009 21:09:33 GMT Daily Pivot Points
- Wednesday, 14 October 2009 06:46:55 GMT Euro Surge Exposes Psychological Barrier (Daily Classical)
- Tuesday, 13 October 2009 21:26:26 GMT EURGBP Rolls Over
- Tuesday, 13 October 2009 21:26:23 GMT Daily Pivot Points
- Tuesday, 13 October 2009 07:47:43 GMT Euro Double Top Prospects Intact (Daily Classical)
- Monday, 12 October 2009 21:00:42 GMT Daily Pivot Points
- Monday, 12 October 2009 07:35:23 GMT Euro Carving Double Top (Daily Classical)
- Friday, 09 October 2009 01:07:54 GMT Dollar: Something Has to Give
- Thursday, 08 October 2009 21:06:02 GMT EURJPY Looks Constructive
- Thursday, 08 October 2009 21:01:54 GMT Daily Pivot Points
- Thursday, 08 October 2009 06:28:39 GMT Prospects Fade for USD Bulls (Daily Classical)
- Wednesday, 07 October 2009 21:47:48 GMT GBPUSD Triangle Pattern Before BoE
- Wednesday, 07 October 2009 21:07:26 GMT Daily Pivot Points
- Wednesday, 07 October 2009 06:41:58 GMT Euro Stops Narrowly Averted (Daily Classical)
- Tuesday, 06 October 2009 06:56:11 GMT USD Convictions Being Tested (Daily Classical)
- Monday, 05 October 2009 21:08:32 GMT Daily Pivot Points
Our forex trading strategies forecast that the Japanese Yen will strengthen against the US Dollar, British Pound, and Swiss franc. A wide range of systems have bought the Japanese currency in the CHF/JPY, USD/JPY, and GBP/JPY pairs—signaling that forex sentiment favors further Yen strength. We highlighted yesterday that a breakdown in the USD/JPY signaled further losses were likely—generating a “Breakout2” trading strategy sell signal. Our Speculative Sentiment Index-based Momentum2 strategy has since likewise sold the USD/JPY, GBP/JPY, and CHF/JPY. Such trading signals are consistent with our Senior Strategist’s technical forecasts for Japanese Yen cross rates.
Keep track of this US Dollar signals and others on our Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates, as our automated forex signals can and do change on a daily and intraday basis.
For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.
Written by David Rodríguez, Quantitative Analyst for DailyFX.com
To contact the author of this report, e-mail drodriguez@dailyfx.com
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