USD/JPY – Market strategy is bearish, selling from the 96.02 level
Technical oscillators supporting the bearish trend for the USD/JPY currency pairTammy Wally
03 July 2009
USD/JPY-market strategy can be a sell form the level 96.02
Technical oscillators supporting the bearish trend for the currency pair
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD in a bearish direction above the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction.

Finotec Analysis Team
03 July 2009
The market review and analysis content on this site, including news, quotes, data and other information, is provided for your personal information only, and is not intended as a recommendation for trading purposes. Content on this site does not provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.
Survey
Will the Fed policy of cutting interest rates help the U.S. emerge from recession?
Read the latest USD/JPY Analysis Reports:
USD/JPY – Market strategy is bullish, buying from the 96.72...Technical oscillators supporting the bullish trend for the USD/JPY currency pair
USD/JPY – Market strategy is bullish, buying from the 96.66...Technical oscillators supporting the bullish trend for the USD/JPY currency pair
USD/JPY – Market strategy is bearish, selling from the 95.55...Technical oscillators supporting the bearish trend for the USD/JPY currency pair
Real Time Forex Quotes
| Contract | Bid | Ask | Time | Change |
|---|---|---|---|---|
| USD/JPY | 96.02 | 96.06 | 20:59:40 | 0.00% |





