it looks like we are on our way to 111.00. I dont believe it going to take very long.
1
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
DislikedNo bounce @110.2,,,, and from 110.3 a little retrace... May be really 111 level achievable. Or even 112?Ignored
Disliked{quote} i doubt 112 but maybe 110.5 max and 111 would be an extreme i went short from 110.3 region, target 107Ignored
DislikedAll fundamentals and technicals pointing to further dollar strength, currently. Daily chart currently showing a very powerful daily candle breaking existing resistance. 111.30 to 111.75 in reach, I think.Ignored
Dislikedreasons why JPY may appreciate in the short term 1. Japan Prelim GDP q/q is coming out during the next session, stronger GDP will be JPY positive 2. Japan National Core CPI y/y is coming out later this week, any indication of rising inflation will be JPY positive 3. Geopolitics and trade war risks 4. The USD is still largely in a range and USD/JPY did not even get above 110.5, which is a strong resistance level 5. The market thinks that the BOJ can't end easing or raise rates anytime soon because there is no inflation, but that could change once...Ignored
DislikedUSD/JPY made good rally today and currently is pressuring the February’s high at 110.48, which could be a possible breakout point.Ignored