USDJPY This Week 12 ~ 16 January 2015!

Opened at 118.33, High at 119.31, Closed at 115.85 and touched Low at 117.59.

The pair honours the 60 SMA as resistance level throughout this week except last day. Strong dollar failed to cross 120 level last month, Tested 120 once this year, Yen resisting USD for few days.

Bullish mood of Monday morning dried down in the afternoon. A movement of 100 pips both ways, settled at 118 at the end of the day.

Tested the resistance level at 60 SMA gained 70 pips in the morning, down by 80 pips later today. Midday movement along the line.

Bearish Wednesday saw 180 pips down till afternoon. Bull came into action later topping 120 pips by next day morning.

180 pips bearish Thursday saw a 90 pip recovery only to loose further to close as a red candle.

170+ pips gain by bull in action for most of the day, crossed the week long resistance successfully.

Now my weekly statement with USDJPY



Sort Positions: 6

Lot	Profit/Loss	Lot X Pips
5	24	120
5	-15	-75
3	60	180
4	32	128
2	108	216
5	-20	-100
Net PIP Gain or Loss		469

Long Poition: 5

Lot	Profit/Loss	Lot X Pips
3	72	216
5	34	170
3	46	138
5	-18	-90
1	111	111
Net PIP Gain or Loss		545

Total Gain or Loss USDJPY = 1014