dimanche 11 janvier 2009

USD/JPY 11 January 2009







Daily
Price are working under the cloud, the 2 sen are working under the cloud, but have crossed to the upside as Kijun sen <>
Chinkou Span is both below cloud, and price.
Major part of the indicator are showing downtrend.
USDJPY have made apparently a correction on 3 from Dec 17 08 to January 6 09.
The 2 EMA are showing downtrend, and we bounced last monday on the EMA 50.
MACD and RSI are in the selling area.
current price
We are currently short from 93.10 SL 93.10
Weekly & Monthly
All indicators(ichimoku and EMA) are showing dontrend, and the last candle is interesting cause we have a bearish engulfment of the last Dec week.
I am still in favor of a test of the all time low @79.75 and probably lower even I think BOJ could make intervention in the 80 area.

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