USD JPY Daily Outlook and Forecast

March 2, 2010

March 2nd, 2010 – The USD JPY is still in the process of consolidating before breaking one of the main two resistance; 90.00 level or 88.72. Currently, the USD JPY still has the bearish bias momentum as long as it stays below the 90.00 level and to see further decline, it must break the 88.72 [...]

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USD JPY Daily Outlook and Forecast

March 1, 2010

March 1st, 2010 – The USD JPY has done some recovery from the 88.72 low and it’s currently above the 89.00 level. A minor resistance of 88.72 has developed due to the progress we have seen from the USD JPY over the last days. The USD JPY is still in a bearish bias momentum unless [...]

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USD JPY Weekly Outlook and Forecast

February 27, 2010

February 27th, 2010 – The USD JPY fell sharply this week from (opening) 91.55 to (closing) 88.81, to end the week. The sharp fall came as surprise, since the expectation from a technical and fundamental point of view was that; the USD JPY was going to target the 93.75 resistance line. There will be two [...]

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USD JPY Daily Outlook and Forecast

February 26, 2010

February 26th, 2010 – The USD JPY is still carrying the bearish momentum, below the 90.00 level. If the USD JPY breaks the 90.00 level, it would push it into a neutral bias and target the 91.26 resistance line. On the downside, if the USD JPY breaks the 88.53 resistance, then it would target the [...]

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USD JPY Daily Outlook and Forecast

February 25, 2010

February 25th, 2010 – The pullback from the 92.13 is still on-going, currently the USD JPY has touched off below the 89.00 level and hit 88.92 . The recovery seems to be a long way to go, the USD JPY must break the original bullish resistance line of 91.26 in order for us to see [...]

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Forex Signal Newsletter Members

February 24, 2010

If you have been following my forex signal from the beginning of this month, your stop loss would have been hit by now (-200 pips).

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