Having a look at the daily chart, Engulfing Bear? or do you think the 80 level will hold?
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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
DislikedHaving a look at the daily chart, Engulfing Bear? or do you think the 80 level will hold?Ignored
DislikedAnybody trading this pair
US/JPY seems very strong,
any ideas on thisIgnored
DislikedYes. It seems very wrong. The USD should be surging by now but it is not. I am already in a long position but the pair keeps dropping and I cannot explain why except to say that the USDJPY pair is still a risk currency pair, even though the events of the past week have nullified that.
I can only suppose that it will take time for the markets to catch up with the reality and we are just too far ahead of the curve.
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DislikedThe reason for the drop is quite simple, we bounce of major bearish trend line and U/J is probably gathering strenght to come at it again.Ignored
DislikedWell, that may be what happened but it doesn't explain it fundamentally. Fundamentally, the USD should be gaining strength across the board but not against the yen. In the Asian session tonight, the pair absolutely just hovered there, doing nothing. Why?
Acting very strange.Ignored
DislikedPinbar with the fake breakout of the ema200 and the TL, I think it could be a bullish signal.
It's also true that it closed below the support and the end of cycle is still far some candle..
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Dislikedhi.
tomorow (Monday) usd have bank holiday.
Is this event cut the strength of usd and usd/jpy will be bearish?
sorry for my bad englishIgnored