Forex Trading, Free Forex Tools, Forex Investment, Currency Trading, Forex Tips and Resources » JPY http://www.forextradingexpress.com Free Forex Online Resources, Currency Trading, Forex Trading, Forex Broker, Forex Trading Tutorial, Forex Rates, Currency Trading Tutorial, Forex Trading Training, Forex Converter, Forex Calculator, Forex Charts, Forex Market, Forex Rates, Forex Trader Sat, 27 Mar 2010 13:36:21 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 USD/JPY on Course for Bearish Correction http://www.forextradingexpress.com/currencies/usdjpy-on-course-for-bearish-correction/ http://www.forextradingexpress.com/currencies/usdjpy-on-course-for-bearish-correction/#comments Fri, 27 Nov 2009 14:47:50 +0000 admin http://www.forextradingexpress.com/?p=163 USD/JPY sustained upward movement has finally pushed its price into the over-bought territory on the hourly chart’s RSI. Not only that, but there actually appears to be a bearish cross on the Slow Stochastic pointing to an imminent downward correction. Forex traders have the opportunity to wait for the downward breach on the hourlies and go short in order to ride out the impending wave.

USD/JPY Hourly Chart
USD JPY 6-11

source:  forexyard.com

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