Firstly, I don’t trade this pair. I have some negative biased views for both Dollar as well as Yen. I use this pair for analysis purposes. Alright, enough of nagging. I see weakness in Yen (that’s one of the reasons I am long AUDJPY now).

In the , what I call, a ’short sighted’ view, USDJPY is trying to run up the 111-ish level. Let’s see how it works out.

Here is the….CHART!

And here are some statistics. ‘Short sighted’ view, we are in Uptrend. -)

About this tool

By Trader Gav

From the desk of Tradergav.com


More on this topic (What's this?)
A Decent Set-up with USDJPY? (Currency Corner - Money and Markets, 6/18/08)
Earth to Japanese yen: Come in Japanese yen … (Currency Corner - Money and Markets, 7/10/08)
USD/JPY Steps Back From its 2nd Tier Trend Lines (CountingPips.com | Currency Trad..., 6/26/09)
Read more on USD/JPY, Japanese Yen (JPY) at Wikinvest
  • Share/Save/Bookmark