DislikedSession: Europe
USD/JPY
Currency Majors Technical Analysis − 103,33. USD JPY is in a consolidation after the last bearish movement. by Mataf.net
https://fxstreet.s3.amazonaws.com/im...052608.gif.jpg103,33. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY.
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There is a lot of good information on this link as I went back to it after posting it here. Since things are quiet now you have time to review it. There is both technical and fundamental information here. I just found this new item from Bloomberg on UBS from the WWW.JSMINESET.COM Website.
http://www.bloomberg.com/apps/news?p...0&refer=europe
Bruce
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