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View Full Version : Ichimoku Cloud Pattern Signals a Weaker Yen, RBC Says: Technical Analysis - Bloomberg



NewsWhore
11-28-2011, 02:10 PM
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Ichimoku Cloud Pattern Signals a Weaker Yen, RBC Says: Technical Analysis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHiEVGhlLICpn1mBntD-qZ1zgp2Bw&url=http://www.bloomberg.com/news/2011-11-28/ichimoku-cloud-pattern-signals-a-weaker-yen-rbc-says-technical-analysis.html)
Bloomberg
The break above 76.90 yen per dollar, the top of so-called cloud of the ichimoku chart, means the chances the Japanese currency will weaken against the greenback have increased, said George Davis, chief technical analyst for fixed income and currency ...

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