USD/JPY – Bias (W1): Ranging; Bias (Overall): Ranging
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USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedEuropean Debt Crisis isnt going away and the solution isnt promising as well...
Hmmmm.. RISK OFF playIgnored
DislikedThat's just what the so-called "experts" assume is the reason behind the move. Nowadays whenever a big move happens, they'll either credit or blame the euro debt crap for it.
In reality, no one actually knows for sure why the shifts happen. I'm guessing it's more technical than fundamental.Ignored
DislikedI think in this instance you may be right. EU hit a trendline resistance at 3900 (see chart below as posted on 10/13/2011) - along with it being a psychological round number. This shifted all the EU correlations which is why I think we saw a drop in UJ. At the moment this pair has seemed to have found it's longstanding support at 76.60. Let's see if it holds...Ignored
DislikedIts great to see my old UJ friends again..seem that many Old UJ traders missingIgnored
DislikedHello 2+2=4,
We've already live in the 76-77 range for almost 2 month,Do you trade other pairs mate?Ignored