USD / JPY June 13 2012 Analysis

Written by johnny forex | June 13, 201212:07 UTC
Facebook Twitter Email Linkedin Digg Delicious Reddit Stumbleupon Tumblr Posterous Snailmail

USD / JPY – The pair is approximately diagonal resistance levels at 79.60 / 70 after better data on machinery orders in Japan, the formation forming pennant, as its confirmation will break above 79.75 / 80. The trend in the short term remains bullish, and within hours is probably a renewed increase in favor of the dollar. Quotes are above the 3 EMA, signaling for growth. MACD is above zero line, indicating a possible upward movement. Stochastics signaled a possible Long.

 

 

3 image 4954 USD / JPY June 13 2012 Analysis


*Any statement or opinion should not be treated as recommendation for trading - see our DISCLAIMER
 
 

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

LATEST MARKET NEWS
LATEST ARTICLES
Latest Members' Forecasts
• Dec 21 16:34 UTC - BREAK DOWN
• Dec 19 11:11 UTC - TRADING POLITICS
• Dec 13 15:52 UTC - Fed Shoots Down US Stock Rally
• Dec 12 15:27 UTC - BINARY OPTIONS TRADERS CHOOSE A DIRECTION
• Dec 11 15:55 UTC - BINARY OPTIONS GO SIDEWAYS
• Dec 10 14:33 UTC - BULLISH BINARY OPTIONS TRADING
• Dec 6 15:40 UTC - AAPL CRASHES HARD FOR BINARY TRADERS
• Dec 6 10:46 UTC - Neural network based EurUsd Forecast
• Nov 13 09:01 UTC - TRENDING FOREX PAIRS
• Oct 29 10:47 UTC - 4 FOR THE PRICE OF 1
• Oct 24 11:29 UTC - We out of the woods?
true