USD/JPY 94.16 - 30 April 2010
USD/JPY Open 94.01 High 94.46 Low 93.84 Close 94.02

Dollar appreciated insignificantly against the Yen on Thursday, in converse with the Interbank sentiment at around -20%. Yesterday the currency couple increased from 93.84 to 94.24, closing the day at 94.02. The currency couple today is making further climbing efforts. Break above the nearest 94.46 resistance and today's top would support further bullish perspective. Immediate support is yesterday's bottom at 93.84, and consistent break bellow it could strengthen the Yen further towards next objective 93.03. There are no major economic events today besides the already passed BoJ press conference at 6:30 GMT. Quotes are moving above the 20 and 50 EMA on the 1 hour chart, indicating bullish pressure. The values of the RSI and MACD indicators are positive and inclining upwards, while CCI has crossed up the 100 line on the 1 hour chart, giving overall bullish signals.Technical resistance levels: 94.46 95.21 96.00Technical support levels: 93.84 93.03 91.66

Trading range: 94.05 - 94.70Trend: UpwardBuy at 94.16 SL 93.86 TP 94.56

Already made +44 pips profit on USD/JPY today from the following signal:5:32 GMT+1 Buy USD/JPY at 94.01 SL 93.75 TP 94.51 exit at 10:00 GMT+1.Total today +180, yesterday +91, as shown in details at http://www.zifx.com/performance.php.