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USD/JPY Analysis

By:

Saxo Bank

04-09-2008

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The analysis suggests a direct drop.

Analysis name : Dol-Yen

Last close :

108.60000
108.24000

Last status id : none

Last status text : Trading range.

Current date : 2008-09-04 06:20:12

Current title : Direct drop.

Current directionnal id : down

Current directionnal text : Bearish

Current reward id : good

Current reward text : Good

Current abstract text : The analysis suggests a direct drop.

Current strategy text : We sell.

Current scenario preference : Sell at 108.14 to play 107.14. Close the trade whenever 108.57 is bypassed.

Signal :108.14
Conf. :0
Target :107.14
Stop :108.57

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Content Provided by:

Saxo Bank
Company Description: Founded in 1992, Saxo Bank officially attained European bank status in June 2001 and has rapidly risen to become a strong presence in online trading over the Internet. Saxo Bank is based in Copenhagen, Denmark and was founded by joint CEOs Lars Christensen and Kim Fournais.

DISCLAIMER:
Saxo Bank A/S shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee or implication by Saxo Bank that clients will profit from the strategies herein or that losses in connection therewith can or will be limited. Trades in accordance with the recommendations in an analysis, especially leveraged investments such as foreign exchange trading and investment in derivatives, can be very speculative and may result in losses as well as profits, in particular if the conditions mentioned in the analysis do not occur as anticipated.

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