{"id":4446,"date":"2012-05-24T03:32:23","date_gmt":"2012-05-24T07:32:23","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4446"},"modified":"2012-05-24T03:32:23","modified_gmt":"2012-05-24T07:32:23","slug":"forex-japanese-yen-3","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/24\/forex-japanese-yen-3\/","title":{"rendered":"Forex: Japanese Yen"},"content":{"rendered":"<p>The US Dollar broke support at \u00a580 Japanese Yen and is now at the 61.8% Fibonacci level. Failure of short-term support at \u00a579 would indicate another test of primary support at \u00a576. The long-term bearish divergence on 63-day Twiggs Momentum continues, however, and a trough above zero would indicate a fresh primary advance. Breakout above \u00a584 would confirm.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-23-jpy.png?w=525&#038;ssl=1\" alt=\"USD\/Japanese Yen\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 84 + ( 84 &#8211; 80 ) = 88<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Dollar broke support at \u00a580 Japanese Yen and is now at the 61.8% Fibonacci level. Failure of short-term support at \u00a579 would indicate another test of primary support at \u00a576. The long-term bearish divergence on 63-day Twiggs Momentum continues, however, and a trough above zero would indicate a fresh primary advance. Breakout above &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/24\/forex-japanese-yen-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex: Japanese Yen&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,17],"tags":[1935],"class_list":["post-4446","post","type-post","status-publish","format-standard","hentry","category-forex","category-japan-korea","tag-japanese-yen"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Forex: Japanese Yen - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forex: Japanese Yen - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The US Dollar broke support at \u00a580 Japanese Yen and is now at the 61.8% Fibonacci level. Failure of short-term support at \u00a579 would indicate another test of primary support at \u00a576. The long-term bearish divergence on 63-day Twiggs Momentum continues, however, and a trough above zero would indicate a fresh primary advance. Breakout above &hellip; Continue reading &quot;Forex: Japanese Yen&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/24\/forex-japanese-yen-3\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-05-24T07:32:23+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-05-23-jpy.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Forex: Japanese Yen\",\"datePublished\":\"2012-05-24T07:32:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/\"},\"wordCount\":59,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-23-jpy.png\",\"keywords\":[\"Japanese yen\"],\"articleSection\":[\"Forex\",\"Japan &amp; Korea\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/\",\"name\":\"Forex: Japanese Yen - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-23-jpy.png\",\"datePublished\":\"2012-05-24T07:32:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-23-jpy.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-23-jpy.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/24\\\/forex-japanese-yen-3\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Forex: Japanese Yen\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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Recovery above the declining trendline and resistance at \u00a582 would strengthen the signal. Failure of support is unlikely but would test primary support at \u00a576. * Target calculation:\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4121,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/19\/forex-euro-pound-sterling-and-yen-3\/","url_meta":{"origin":4446,"position":1},"title":"Forex: Euro, Pound Sterling and Yen","author":"Colin Twiggs","date":"April 19, 2012","format":false,"excerpt":"The Euro is consolidating above support at $1.30. Failure would test\u00a0 primary support at $1.26. A 63-day Twiggs Momentum peak below zero would indicate continuation of the primary down-trend. In the long term, failure of $1.26 would signal a decline to the 2010 low of $1.19\/$1.20*. * Target calculation: 1.26\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4065,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/12\/forex-euro-pound-sterling-and-yen-2\/","url_meta":{"origin":4446,"position":2},"title":"Forex: Euro, Pound Sterling and Yen","author":"Colin Twiggs","date":"April 12, 2012","format":false,"excerpt":"The Euro is again testing support at $1.30. The short weekly candle at the support level warns of a downward breakout to test primary support at $1.26. A 63-day Twiggs Momentum peak below zero would suggest continuation of the primary down-trend. In the long term, failure of $1.26 would signal\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4316,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/09\/forex-us-dollarjapanese-yen\/","url_meta":{"origin":4446,"position":3},"title":"Forex: US Dollar\/Japanese Yen","author":"Colin Twiggs","date":"May 9, 2012","format":false,"excerpt":"The US dollar is testing long-term support at \u00a580. Failure would warn of weakness in the primary up-trend but 63-Day Twiggs Momentum holding above zero suggests continuation. Recovery above\u00a0\u00a582 would indicate a fresh primary advance, with a target of \u00a590*. * Target calculation: 85 + ( 85 - 80 )\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4029,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/forex-euro-pound-sterling-yen\/","url_meta":{"origin":4446,"position":4},"title":"Forex: Euro, Pound Sterling &#038; Yen","author":"Colin Twiggs","date":"April 5, 2012","format":false,"excerpt":"The Euro continues in a primary down-trend, with 63-day Twiggs Momentum respecting the zero line from below. Failure of medium-term support at $1.30 would indicate another test of primary support at $1.26. And breach of $1.26 would warn of a decline to $1.18*. * Target calculation: 1.26 - ( 1.34\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5273,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/16\/forex-euro-pound-sterling-canadian-loonie-australian-dollar-and-japanese-yen-2\/","url_meta":{"origin":4446,"position":5},"title":"Forex: Euro, Pound Sterling, Canadian Loonie, Australian Dollar and Japanese Yen","author":"Colin Twiggs","date":"August 16, 2012","format":false,"excerpt":"The Euro is testing short-term support at $1.2250 on the daily chart. Recovery above $1.2400 would indicate another rally, while failure of support would test primary support at $1.2050. The primary trend is still downwards, but breach of the descending trendline means the primary down-trend is losing momentum and a\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=4446"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4446\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}