Looks like it wants to retest the 100 level. It will be interesting to see if it holds or if the risk aversion has abated.
GREEN PIPS to All
GREEN PIPS to All
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
Dislikedhi fammira,
my view of this uj not change will wait until the clear signal then I entry the position ..Ignored
QuoteDislikedJPY looks strong and could manage to break it
QuoteDislikedhonestly I don't see any weakness in JPY at all....last week it was trading above 100 and 134 against USD and EUR respectively...
DislikedI just probably read too much news about Japan's economy and yes it was trading well last week. This week it is my second attempt to go short, first I bailed out with 42pips profit and now am hoping to get my 300pips.Ignored
Dislikedgood luck
problem is if japanese economy is bad yen might even be stronger, as you know Jpy is bid during recession times...Ignored