It entrenched above the Tenkan red line. Obviously, USD / JPY is moving towards the Kijun blue line. Stochastic is already close to 80. A rebound from the Kijun blue line is possible. USD / JPY will be in channel 105-107 for now.
Daily
Daily
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
DislikedWill it go to lower 105s straight, or will it retrace to something like 107.20 first?Ignored
Disliked{quote} My bet is straight down (i.e. without making a HH, in this case 106.70)Ignored
DislikedHow does anyone see the USD/JPY moving? Right now it sits around 106.25. Will it go to lower 105s straight, or will it retrace to something like 107.20 first? Sorry for the newb question take it as a poll Thanks!!Ignored
DislikedPowell doesn't like to be bullied nor any other FED chair. He will do as he pleases.Ignored
Disliked{quote} Trump can do what he wants as the president, even fire Powell or intervene directly in the market to try and weaken the US dollarIgnored
Disliked{quote} He can fire Powell but he cannot directly intervene in the market per se. But he won't fire him due to political reasons. Should he? yes.Ignored
QuoteDislikedPresident Donald Trump said he had not ruled out measures to counter the dollar’s strength and noted that while it was a “beautiful thing” to have a strong currency, it makes U.S. exports more expensive.
“I didn’t say I’m not going to do something” on the dollar, Trump told reporters Friday in the Oval Office. “The dollar is very strong, the country’s very strong, the dollar -- it’s a beautiful thing in one way, but it makes it harder to compete.”
QuoteDislikedFears of an economic slowdown appeared to resurface Wednesday afternoon, when the release of the Federal Reserve’s July meeting minutes reiterated officials’ belief that its July rate cut was just a “mid-cycle adjustment.”
DislikedI just bought USDJPY. Entry : 106.452 stop loss: 30 pips Targeting previous support on daily time frame at 107.19 {image}Ignored
DislikedI just bought USDJPY. Entry : 106.452 stop loss: 30 pips Targeting previous support on daily time frame at 107.19 {image}Ignored