Tag Archives: JPY

Swiss Franc:Yen Update and Newcrest Mining Set Up

One of the things we aim to do with this blog is to discuss trade entry and exit strategies on current market situations rather than simply outline entry set ups. This philosophy explains why I included both a currency cross … Continue reading

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GBP:JPY – A sell reversal candidate

The Yen and Nikkei 225 have had some steep moves recently.

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USD/JPY – Stay Aligned

Have a look at this chart – now, quick, what’s your trading reaction – do you want to buy or sell this security?  If you’re like many traders, your first reaction to this daily chart is to “sell” – it appears … Continue reading

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USD/JPY – How High?

Two weeks ago, USD/JPY cracked a down trend that began in 2007 – the blue line on the chart from the Tracker platform below: USD/JPY Monthly – 1997 to 2012

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Breaking USD/JPY

Fundamentals and technicals are pointing to a buy trade in USD/JPY. Yesterday, in a surprise move, the Bank of Japan announced a further easing of monetary conditions through an expansion of its bond purchasing program. Previous commitments of 55 trillion yen increased … Continue reading

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The Cost of Sitting on the Sideline – Traders

Falls in markets and increased volatility over the last three months have left some traders sidelined. Many are waiting for markets to calm down before taking action. However,

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FX – Potential Buys and Sells – BUY EUR/AUD

Below are buy and sell signals on currencies for potential use in your trading strategy. These currencies have traded outside their short-dated Bollinger Bands. A signal occurs

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US Dollar – Traders’ Choice

The USD Index has broken the trend line support at 76.37 – see the chart below. The red arrow indicates where the US Federal Reserve announced their second program of “quantitative easing” (QE2). The Index, which is comprised of the … Continue reading

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EURJPY forms a Symmetrical Triangle

As you can see in the chart below the EURJPY has just completed the requirements for a Symmetrical Triangle on the 15 minute chart. This is a very short term chart so again I will keep my remarks brief. If … Continue reading

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AUDJPY 30 min chart Gartley Cluster

Another week begins and so too does the relentless scan for new chart patterns to talk about. Happily today we have a Gartley cluster to get the ball rolling so take a look at this: The Gartley formation looks for … Continue reading

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