JPY's Changing Face?

by Ashraf Laidi

Mar 11, 2009 12:57

Yen may have lost some of its safe haven luster but it also has shown unusual resilience against USD during risk-seeking climate. USDJPYs failure to gain during yesterdays explosive equity rally is translating into deteriorating oscillator setup on the weekly and 4-hourly charts. 5-day MA turns towards 10-day MA for a retest of the 97.85 support. Downside seen extending towards 97.00. Any upside remains capped at the 200-day MA of 100.00. 100.80 TL resistance stands as the more substantial resistance.

More Hot-Charts

• Gold & Nasdaq100

  Sep 28, 2026 10:32 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...
• 

  Gold & GoldBugs

  Sep 24, 2026 11:51 | by Ashraf Laidi
  If the inverse relation between gold and goldbugs index explained repeatedly in previous videos such as here  and here continues to work, then watching the 4230 level is as important as...

• Nasdaq Part 2

  Sep 24, 2026 9:44 | by Ashraf Laidi
  Now that Nasdaq has fallen following yesterday's post, will it extend declines to 30000. What do you think of this fractal.