USD/JPY Discussion

Any latest news for UJ? I see the movement is in the range of 109.79 and 109.17.

I would be more interested in buying AUDJPY if USDJPY breaks up. This is because AUD is stronger than EUR, GBP, CAD and has been trending slightly stronger than NZD over the last few weeks. I am looking for an entry below the 200 EMA on the 15 minute around the beginning of the Asian session.

yen is being dumped by big forces, for some reasons stocks are flattering but not yen revaluation response.

can you imagine how will be doom for japanese companies if the yen revalues more now when most of them are cutting forecasts and dividends.
and suffering cause current yen strenght?

the thing is how reallly can the yen revaluate if carry cows make deeply unwinds?

109.75 broken! Look at those stop orders fly! I had a 5-pip buy stop limit, partial fill.

Let the selloff begin!

HOLY COW!

It Appears USD/JPY will be hitting 110.47 Levels

Now to see if the expected retrace holds up til 5pm.

DOW is still heading up. Anybody know's why?

Actually, it's down in AH trading. This has probably just been a runup in anticipation of Bernanke orally pleasing the markets tomorrow.

Mmmm I'see! strange tough!

Hey jacobtrader, you've made some good calls here before - I have a question for you. Do you think UJ could conceivably retrace all the way up to 112+ by mid-February? It would appear that the 61.8% line of the fall from 122.50 lies right around 113...

Wouldnt' surprise me to see 111

By this month itself it will go to 112
and in February we will see a down fall

Tommorrow we have BOE and ECB.

Now as market participants expect both BOE and ECB could cut rates. good for Dollar..
GBP/USD goes down, EUR/USD goes down..
And Already USD/JPY has broken the resistance, so that will sky rocket.

And then we have FOMC end of this Month.. Looks like FED woulld cut.. that is bearish for Dollar.

We then see Retracements back up for all pairs.

And then we see USD/JPY to start falling in Feb after touch 112.

As USD/JPY has potential to fall down next month..

I aim 107-106 next month..

However, We need to see what happeneds tommorrow with BOE and ECB.. with that we can understand whats next..

But today i see USD/JPY push high and touch its initial resistance 110.41-110.50 levels

Its my view..

Others please pass there view.. thanks

My short term 'anticipation'

fixed, sorry for any inconvenience.

i dont know why. But i see this pair going a lot more down. I am looking forward for a uptrend to 109.70 atleast.

Buy usd/jpy in JAN 14.

It will hit 107.24 and then rebound

Jacob must not have got the memo? just kidding, good luck.

i'm short from 109.30 and waitin' to first TP at 107.20 , small rebound and i will entry next short position for second TP at 105.40 and third TP at 104.30.