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December 4, 2013

Using Moving Average

Fluctuations in foreign exchange rates are generally in line with the direction of the moving average. The moving average cycle length is a very critical factor: when the MA short cycle sensitivity is high, the accuracy is relatively low, when the MA long cycle sensitivity is low, the stability [Read more...]

USD/JPY Technical & Fundamental Outlook

USD/JPY yesterday pulled back sharply after finding support at 102.00 (trendline support). At the moment in Asian session, spot is around 102.56. Major Support & Resistance Levels The pair is likely to find an immediate support at 102.11 (trendline support), ahead of 102.05 (hourly 200 MA) [Read more...]