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USDJPY is being squeezed

Wed, Aug 26 2009, 23:05 GMT
by Anthony Samaha

ForexSurvivor


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(27 August Asia) Latest Impact: USDJPY is being squeezed

 

                USDJPY is searching for a new explosion once it sorts itself out of the narrow Bollinger band with parameters reading 9480 and 9350. A close in any side and the target is put to reach 9700 or 9100. There is a possibility that both targets should be screened, but which one is first is a guess for a weakness trade. No need to guess; stay with the close and only.

 

 

 

 

 

 

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The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

 

 

 

 

 

 


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The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. **** Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

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