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Japense Yen Pairs form Price Action Sell Signals - 13th January 2016

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDJPY – Dollar/Yen forms pin bar sell signal Recently, the Japanese Yen pairs have been very weak as of late, selling-off as the yen has strengthened across the board. Notice in the USDJPY chart below, a bearish pin bar signal formed on the daily chart as price reversed at the 8 day ema resistance today. This signal is in-line with the current / recent bearish momentum and could lead to more downside movement in the coming days if bears can remain in control. AUDJPY – Aussie/Yen fakey pin bar

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