Forex | Forex Strategies | ISE Yen OUTLOOK (29/06/2009 11:27:56)

ISE Yen OUTLOOK

YUK (USD/JPY on ISE): further USD weakness expected. Pivot: 98.65 Our forecast: Down move towards 93.60 & 91.60. Comment: The RSI is still badly directed, the pair remains within a bearish channel and is approaching its next support. To leverage our Trend Opinion on the ISE Yen we can use different options : Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges. Historical volatility measures actual market


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