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Analysis Of The Usd/jpy ParityTitle:
Technical analysis of the USD/JPY parity on September 7th, 2010
Commentary of the USD/JPY parity :
The parity continues its bearish movement and is currently testing the support at 83.97 which link all the last lowest. The breakout of this level will give a new sell signal. We maintain to trade only short positions as far as 84.50 is resistance. Between 84.50 and 84.93, we stay neutral.
See the previous analysis of the USD/JPY parity of September 6th, 2010
Title:
Technical analysis of the USD/JPY parity on September 6th, 2010
Commentary of the USD/JPY parity :
The parity got out of its bearish channel but 84.93 acted as resistance. Then, the parity got out of the range (84.58-84.93 in which we are neutral) from the bottom, offering a new sell signal. So, we advise again to trade only short positions as far as 84.50 is resistance. The breakout of 83.97 will give a new sell signal. Between 84.50 and 84.93, we stay neutral.
See the previous analysis of the USD/JPY parity of September 3rd, 2010
Title:
Technical analysis of the USD/JPY parity on September 3rd, 2010
Commentary of the USD/JPY parity :
The parity tested the support at 83.96 but this level allow a small rebound. However, we maintain to trade only short positions as far as 84.58 is resistance. Currently, the upper band of the bearish channel is giving resistance. The breakout of 83.96 will give a new sell signal. However, if 84.58 is broken, we will stay neutral between this level and 84.93.
See the previous analysis of the USD/JPY parity of September 2nd, 2010
Title:
Technical analysis of the USD/JPY parity on September 2nd, 2010
Commentary of the USD/JPY parity :
Our last commentary is unchanged : 'The parity tested the support at 83.96 but this level allow a small rebound. However, we maintain to trade only short positions as far as 84.58 is resistance. The breakout of 83.96 will give a new sell signal. However, if 84.58 is broken, we will stay neutral between this level and 84.93.'
See the previous analysis of the USD/JPY parity of September 1st, 2010
Title:
Technical analysis of the USD/JPY parity on September 1st, 2010
Commentary of the USD/JPY parity :
The parity tested the support at 83.96 but this level allow a small rebound. However, we maintain to trade only short positions as far as 84.58 is resistance. The breakout of 83.96 will give a new sell signal. However, if 84.58 is broken, we will stay neutral between this level and 84.93.
See the previous analysis of the USD/JPY parity of August 31th, 2010
Title:
Technical analysis of the USD/JPY parity on August 31th, 2010
Commentary of the USD/JPY parity :
85.70 could not have been broken and a strong bearish movement occured. The parity got back below 84.93 and so a sell signal has been given. We advise again to trade only short positions as far as 84.93 is resistance. A pullback on this level stay possible before a take up of the bearish movement. The breakout of 84 will give a new sell signal.
See the previous analysis of the USD/JPY parity of August 30th, 2010
Title:
Technical analysis of the USD/JPY parity on August 30th, 2010
Commentary of the USD/JPY parity :
The parity got out of its bearish channel and the resistance at 85.70 gave resistance. Currenlty, the parity is testing a pullback on 84.93. We advise to trade only long positions as far as this level is support. The breakout of 85.70 will give a new buy signal. However, if a return below 84.93 occur, we could trade again short positions.
See the previous analysis of the USD/JPY parity of August 27th, 2010
Title:
Technical analysis of the USD/JPY parity on August 27th, 2010
Commentary of the USD/JPY parity :
Our last commentary is unchanged : '84 has not been broken and the parity is currently making a correction. However, we maintain to trade only short positions as far as 84.93 is resistance. However, if an exit of the channel occur, a buy signal will be given and we will then advise to trade only long positions as far as 84.93 will be support.'
See the previous analysis of the USD/JPY parity of August 26th, 2010
Title:
Technical analysis of the USD/JPY parity on August 26th, 2010
Commentary of the USD/JPY parity :
84 has not been broken and the parity is currently making a correction. However, we maintain to trade only short positions as far as 84.93 is resistance. However, if an exit of the channel occur, a buy signal will be given and we will then advise to trade only long positions as far as 84.93 will be support.
See the previous analysis of the USD/JPY parity of August 25th, 2010
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