JPY's Changing Face?

by Ashraf Laidi
Mar 11, 2009 12:57

JPY's Changing Face? - Jpy Mar 11 (Chart 1)

Yen may have lost some of its safe haven luster but it also has shown unusual resilience against USD during risk-seeking climate. USDJPYs failure to gain during yesterdays explosive equity rally is translating into deteriorating oscillator setup on the weekly and 4-hourly charts. 5-day MA turns towards 10-day MA for a retest of the 97.85 support. Downside seen extending towards 97.00. Any upside remains capped at the 200-day MA of 100.00. 100.80 TL resistance stands as the more substantial resistance.

 

More Hot-Charts

  • Latest on Gold Analog تحديث تناظرية الذهب

    Feb 27, 2025 18:12 | by Ashraf Laidi
    سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات . Will discuss the latest technical parameters on the WhatsApp Bdcst Group ..
  • US100 vs Nasdaq100

    Feb 7, 2025 14:05 | by Ashraf Laidi
    سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst Group..
  • Gold update

    Feb 5, 2025 13:40 | by Ashraf Laidi
    سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات Will discuss the latest technical parameters on the WhatsApp Bdcst Group..
Hot-Chart Archives
Comments (Showing latest 0 of 0) View All Comments