May 3, 2009

USD/JPY Face-off this week

Forex Trading Insights

The world of forex trading is a bustling industry so it would be better to stay updated with the latest developments in the currency market. The following links provide important turnouts in forex trading.

USD/JPY Weekly Outlook

The strong rebound from 95.61 last week indicates that fall from 101.43 has completed and dampened the immediate bearish view. Initial bias remains on the upside this week as long as 97.96 minor support holds and further rally could be …

To Watch This Week on EUR/JPY, USD/JPY

Watch our daily technicals/charting video review of the USD/JPY, GBP/JPY and EUR/JPY. We review support and resistance levels, discuss influencing factors in the pairs, and identify and discuss future movements and breakouts…

USD/JPY Weekly Forex Analysis

USD/JPY (a daily chart of which is shown) made some substantial bullish strides this past week after hitting a clear hammer candle at the support low just below the 96.00 price region. What followed that low was a sustained bullish run …

USD/JPY pops up on cross buying

AUD/JPY and EUR/JPY buying have sent the USD/JPY up from 99.20 to 99.50. Liquidity is appalling according to one dealer. Offers are expected around the recent 99.60 high and trader stops are to be expected above 99.70 and again above …

Understanding Currency Correlations

So, if you are trading USD/JPY and USD/CHF at the same time, it will double up your position if you take long positions or short positions on both simultaneously. What it means is this that if you lose a trade on USD/JPY, …

RTFX TraderTip >> USD-JPY Analysis - Monday 04 May 2009

RTFX TraderTip >> USD-JPY Analysis - 4 May 2009. The RF Tradertip™ is the presentation of Nostromo system that includes all the technical indicators and resumes the selected currencies pairs' situation on a daily, weekly and monthly …

USD/JPY - Weekly Forex Analysis for May 4-8, 2009

… by the Forex Factory community, submitted by Forex news providers and forex analysts across the globe.Forex news by James Chen. Full article here:http://www.forextradingexperts.info/usdjpy-weekly-forex-analysis-for-may-4-8-2009/

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