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The Currency Pair USD/JPY-market strategy can be a sell below the level 106.45

By:

Finotec

26-09-2008

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The technical oscillators are supporting the bearish trend for the currency pair

USD/JPY-market strategy can be a sell below the level 106.45
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 approaching a possible bullish cross on 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 slightly bullish.

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Next Analysis: USD/CHF market is bearish with a sell below 1.0898

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Finotec
Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no

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