USD/JPY Discussion

I have a down bias...anyone agree or disagree

I believe this
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and daily chart
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My bias is ranging in big ranges. Don't think UJ will any new high or low any time sooner like other Yen pairs.

The Only reason I see down is because we just hit a major fib level. Only if it is broken will we see a new high but that is doubtful for this week. I shorted at 96.50 so hopefully I will be seeing some green pips I will take profit at 94.28

Hey people anybody plan to go long on USD/JPY? LONG from 1.9558

I think we still have a ways to go down I wouldn't even chance it but its up to you.

the stock japanese this morning look positive

but in our chart i think still remain bearish .....

Looks like some pending move in UJ for London session...other majors are pressing $ but UJ is reluctant to go down.....this will be interesting.

Possible Short
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but, still waiting:

ADP Non-Farm Employment Change
Fed Chairman Bernanke Testifies
ISM Non-Manufacturing PMI

BIG DAY!

yes i am looking at shorting 9660

BY FXCM
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Pivot: 96.5

Our preference: Short positions below 96.5 with targets @ 95.55 & 95.35 in extension.

Alternative scenario: Above 96.5 look for further upside with 96.8 & 97 as targets.

Comment: the RSI is mixed and calls for caution.
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short @ 95.801

Down we go

damn!
stop @ 97.501

Scary isn't it
Looks like clear buying by Japanese funds.

yeah, I'm worried.
short again @ 96.681 ... average sell 96.241

Now don't make it a long term investment

While we still have the much anticipated NFP for tomorrow before the week is over, a quick peek at the weekly chart might provide a hint on where this boring pair might be heading in the near future.