Dollar/Yen in Forex Trading

211397 Resource 119241 120646 120646 1219153323166 1219153323166 Controlled Dollar/Yen Forex Trading Forecast

Will the US dollar stall in currency trading against the Japanese yen

While the US dollar appears to be on a role in currency trading, it may be short-lived -- at least in terms of its trading with the Japanese yen. The dollar/yen forex trading forecast is calling for the greenback to stall in FX trading before the 110.66 level. <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=a6_X5PkQ2WrQ&refer=currency" target="_blank" title="dollar/yen forex trading, forex trading forecast, US dollar currency trading, currency trading Japanese yen, yen forex trading, dollar/yen trading, greenback FX trading" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on this dollar/yen forex trading forecast:</a> <div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;">A so-called ichimoku chart on a weekly basis shows traders may halt buying the U.S. currency before it reaches 110.66, which is a seven-month high set on Aug. 15 and near the lower end of the ichimoku cloud, he said. ``The dollar's upside should be very limited from this stage,'' said Umemoto, chief currency strategist in Tokyo at the unit of Britain's third-biggest bank. </div> 9 application/xml false currency trading Japanese yen dollar/yen forex trading dollar/yen trading forex trading forecast greenback FX trading US dollar currency trading yen forex trading Dollar/Yen in Forex Trading FX trading with world currencies http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.16) Gecko/20080702 Firefox/2.0.0.16 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119241 blog blogsite/GFTForex/web