USD/JPY Wave Analysis (September, 2 2009)
Wave analysis
The USD/JPY pair is at the stage of correction within the general market trend in favor of yen fixing. In merges of presumable C-wave formation it’s possible that yen has already formed 1-wave and is being under correction at the moment before the intended moving downward. Moreover, in this case the targets may be found at figure 91 and even 88. Before opening a very short position it’s more preferable to wait until the confirmation of accomplishment of current correction appears.
| Symbole | Offre | Vendre |
|---|---|---|
| EURUSD | 1.4384 | 1.4386 |
| GBPUSD | 1.5957 | 1.5960 |
| USDJPY | 91.52 | 91.55 |
| USDCHF | 1.0356 | 1.0360 |
| AUDUSD | 0.8871 | 0.8875 |
| USDCAD | 1.0475 | 1.0479 |
| EURGBP | 0.9012 | 0.9017 |
| EURCHF | 1.4899 | 1.4904 |
| EURJPY | 131.65 | 131.69 |
| CADJPY | 87.32 | 87.41 |
| GBPCHF | 1.6527 | 1.6538 |
| GBPJPY | 146.05 | 146.12 |
| NZDUSD | 0.7085 | 0.7089 |
| NZDJPY | 64.82 | 64.90 |
| SILVER | 17.59 | 17.64 |
| GOLD | 1112.30 | 1113.30 |
07:53:03 GMT+1
28 Dec 2009
