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- arif_endro replied Mar 28, 2010
The fifth wave maybe already completed. — I do hope the wave 5 from EW already completed last week, and from the chart above we probably will see a retracement or pullback in from wave 5 with a-b-c type formation. An euro move toward 1.38 ...
- arif_endro replied May 27, 2009
Then my next wish is eurjpy to broke those line.
- arif_endro replied May 27, 2009
I wish eurjpy will go down below 130 in the next couple days ahead. and keep ralying to 127.
- arif_endro replied May 22, 2009
eurjpy is going upside at 132.50 following eurusd breakout 1.4 breaking daily ichimoku cloud yen also retreating from today low.
- arif_endro replied May 22, 2009
I think cable still have appetite to go up, maybe it will go beyond 1.6 with right now is already reaching 1.5940 its just 60 pips away.
- arif_endro replied May 22, 2009
Of course we don't know for sure what will happen next, its will be up or down. but for yen pair I think the movement of jpy cross is depend on the movement of its major pair, for example eurjpy currently is still sideway trade because eurusd is up ...
- arif_endro replied May 22, 2009
The lower the better, and I still hope cable didn't go back up touching 1.6 resistance.
- arif_endro replied May 22, 2009
Where it will go next? — Eurjpy has been trading sideways since last two days between 132-130.
- arif_endro replied May 22, 2009
We will get used to it. — There is always some news from Japan when yen approaching 90, and ussually its about intervention on yen appreciation.
- arif_endro replied May 22, 2009
EURJPY Outlook — I think eurjpy upside move will be capped with top side of ichimoku cloud at 131.50 as I write in my blog url and I feel bearish for eurjpy to test support at bottom of ichimoku cloud.
- arif_endro replied May 22, 2009
I do hope cable didn't touch 1.6 level, but 1.6 is only 100 pips away from recent top. Who knows next.
- arif_endro replied May 21, 2009
Yen Update — I think yen next target will be fibonacci 68.1% at 92.6 as I write in my blog url after yen breaking 50% fibonacci support at 94.28.
- arif_endro replied May 21, 2009
This month cable up 1000 pips, and on this week only it contribute 700 pips gain. Its seem yesterday cable drop 250 pips in less than an hour don't stop cable up move. Any ideas, whats going on.
- arif_endro replied May 21, 2009
Go baby go Its seem yen hard to break retracement fibo 50% at 94.28, but I think yen will try harder to break it and go below 94 on longer term.
- arif_endro replied May 20, 2009
Yen Outlook — Be carefull if you long UJ now, I think UJ is on the way to go down because current dollar weakness and yen strong. See my yen outlook in my blog url yen could go further to test fibo 61.8% at 92.6.
- arif_endro replied May 20, 2009
Give me a reason. — Cable is flying high, its dollar getting weaker or cable getting stronger? which one is right.
- arif_endro replied May 20, 2009
Its been ranging for the last couple hour.
- arif_endro replied May 20, 2009
So where will cable go next? any idea.
- arif_endro replied May 20, 2009
I think eurjpy will dragging down for longer term, because of current yen strength.