Yen Update

Chart courtesy of Dynamic Traders DT5. Forex data provided by eSignal.

The Yen continues to go north. We have a MACD divergence over some time on Daily Yen chart and possible reversal is shown above on 60 minute chart. I am still awaiting a turn in direction for shorting.

Euro Daily Chart

Chart courtesy of Dynamic Traders. Forex data provided by eSignal.


The above chart is showing the Daily fib time and bar representation as well as the DTOsc.

Euro 60 Minute

Chart courtesy of Dynamic Traders DT5. Forex data provided by eSignal.

Once again, I am sorry but I have been having issues with uploading to my blog. I will attempt to get this resolved shortly.

The Euro chart above is the 60 minute representation and a short below the recent swing low support may be an entry for short with a tight stop above the swing high.