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  • Thar she blows. What next for USDJPY?

    From forexlive.com

    That's more like it. It appears we may have a proper break on the cards now. The decent technical support isn't down until 106.60 odd. It's not been an explosive move which suggests that there's no panic hitting of the sell buttons. Large stops are noted at 109.80 so they remain in play. The orders from Mike's earlier post also remain valid but technically there is scope to see a rapid move to the low 109's from here. Watch for 110 to start building resistance and a hold will signal further downside. There's another barrier at 109.00 with the usual bids and stops. Update: As I hit send we see a pop to 110.40. I await ... (full story)

A mild POP
20 pips on that rebound, thx
Carbon-Dioxide: the gas of life!
Ghost Rider - WWTBMD?
....aaaaand back to the exact price it was at 24 minutes ago.

Websites don't half like posting anti climatic reports to get suckers to enter, making many a mug believe he's missed the train.
14:20 GMT
...is that what you call 'running stops' ?
Will know soon enough
Carbon-Dioxide: the gas of life!
Quoting GDR3k
....aaaaand back to the exact price it was at 24 minutes ago.

Websites don't half like posting anti climatic reports to get suckers to enter, making many a mug believe he's missed the train.
LOL .. a real RED letter event .. eh? How ya been brother? Good I hope
Ghost Rider - WWTBMD?
maybe FF watch 1 minute chart .......
Stay Foolish , Stay Hungry
Kuroda is freaking out right now. Tomorrows news should be interesting. More QE? Presser will be a looker for sure! This is something the BOJ does not want. Although more negative rates are probably not in play, but another surprise to catch everyone flat footed like the last time is a possibility? Who knows. We will see. Either way, hard to stop the momentum now.
Going down the monthly chart 100 MA
  •  Guest
  • | IP XX.XX.237.20
confused...people goto JPY for safety. For some reason, people believe JPY is a safeheven to USD. So let me get this straight when USD goes down it goes down with all currencies and when market go down USD still goes down again JPY because it is safer? Please advise me.
  •  Guest
  • | IP XX.XXX.92.174
My gush if now like that !!!! what it will be after FOMC ?????
Today declared. Over 100 causes only a problem for the Japanese economy.
Quoting albchr
LOL .. a real RED letter event .. eh? How ya been brother? Good I hope
Aye! I'm good thanks, yourself?

How many suckers went long after that spike?
  •  Guest
  • | IP XX.XXX.92.174
BUT if Kuroda make intervention reaction after FOMC EURO/USD will target 112.85 and USD/JPY 1.1175......GOOD LUCK
  •  Guest
  • | IP XX.XXX.92.174
Kuroda must to make intervention not negative rate not QE just speculation USD/JPY
Kuroda ruled out any currency intervention as I read.
Looks like some one sold USD to buy back after FOMC? It would be interesting to watch. Staying on the sidelines keeping my $ safe
  •  Guest
  • | IP XXX.XX.198.52
price seems to be jumping around like a hot cat on a tin roof, as they say in English.
Classic Bull Trap. B.O.J did not hold up the 110 handle, instead the swept-up all the stop's and got some easy money from all the Retail Buyer.
kuroda must be itching
Quoting Guest
price seems to be jumping around like a hot cat on a tin roof, as they say in English.
...they do not say that in English
Carbon-Dioxide: the gas of life!
  •  Guest
  • | IP XX.XXX.203.106
not in English? then must be in American, lol

https://en.wikipedia.org/wiki/Cat_on_a_Hot_Tin_Roof_%281958_film%29
In English they say "like a cat on a hot tin roof", as in Wikipedia

xx.xx.198.52 wrote "like a hot cat on a tin roof"
First, a 'hot cat' is more likely to be not moving, except when searching for shade. Second, having all the words is not enough - they have to be also in the correct sequence.
Carbon-Dioxide: the gas of life!
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  •  Guest
  • | IP X.XXX.186.94
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  • Story Stats
  • Posted: Apr 6, 2016 10:23am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 22  /  Views: 7,422