I was long and wrong but out at break even. It would be interesting if the bad news is shrugged off. I remember how it was when Japan raised their interest rate by 25bp on Feb 21st 2007.
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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
DislikedDont go long.
USD/JPY broke the major support at 108.20 levels.
Now it will fall towards 107.22
And then Long from there..Ignored
Dislikedi am not interday trader,but i predict the usd/jpy heading to 102. anyone agreeIgnored
DislikedI see a test of 107.20 in the near term and, eventually, a test of 100. I want a good entry though and there may be a good retrace before that move.Ignored
DislikedSome News
USD looks set to decline further vs EUR, JPY this week; analysts expect EUR/USD to advance towards all-time high at 1.4968, USD/JPY likely decline to 107. Whirlwind of disappointing U.S. economic data, record-breaking oil, gold prices, on back of volatile holiday trading, has damped hopes for USD resurgence at start of 2008. Safe-haven flows in FX markets have channeled funding into JPY, EUR instead of USD. Considering disappointing non-farm payrolls Friday, expectations ECB, BOE to stand pat on interest rates next week, USD could have up to 4 month tumultuous months to weatherIgnored
DislikedI hope that's right. There's no question that the USD/JPY will test 107.20 again though, and the EUR/USD will test 1.4968.Ignored
DislikedI hope that's right. There's no question that the USD/JPY will test 107.20 again though, and the EUR/USD will test 1.4968.Ignored