USD/JPY Discussion

Hang in there.

When we price in the Debt it gets even more bleak.

I still feel comfortable with my Short.

the currency pair USD / JPY is struggling to break the resistance of the week? (92.077)
Today we have the publication of some economic indicators, a certain definition might happen, but being Friday , we can expect some surprises, right?

My God, now the turn of Spain? how many are in this queue?

http://forexblog.oanda.com/20100611/...bbling-higher/

Where is gone USD / JPY? King of the candles? this person had a great analysis of the candles on the charts!! where is he?

Dollar May Advance to 92 Yen on ‘Triangle’: Technical Analysis


http://www.bloomberg.com/apps/news?p...d=aG5Ac6lP8duE

further analysis
http://www.dailyfx.com/forex/technic..._Eye_Push.html

NEWS DANGEROUS ...... REVEALS THE TRUE STATE OF THE WORLD ECONOMY

http://finance.yahoo.com/news/Retail...&asset=&ccode=

WASHINGTON (AP) -- Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery.





VERY BAD THAT RESULT

Freaky Friday lives up to its name.
One more high-impact number in an hour though.

Now the yen is still going nowhere. The upside 92.67/85 should be the limit. Very strong resistance there. I slowly begin to understand how the yen moves. Good luck everybody!

Went long at 91.22 aim 91.52. Done! Another 30 pips in the bag!

http://finance.yahoo.com/tech-ticker/bernanke-is-wrong!-double-dip-recession-looming-forecaster-david-levy-says-502586.html?tickers=^dji,^gspc,tlt,tip,tbt,RTH,SPY

saturday musings:

very interesting ....

some see it as symmetrical triangle, some it as downward channel, i saw it as range or descending triangle ..

obviously my decending triangle didn't work out ..

"who is the prettiest among the ugliest ? .. looks like it is USD"

prime minister likes weak yen it seems ...

if u are thinking of losing ur money to feed ur ego .. its suicidal ..

if u are thinking of educating and improving ur fundamental and technical analysis and skills ... and fight till win ... hurray !!!

Same as what happened to Haymaker....Multiple Usernames = Banned

I agree.....the market will show no mercy. A small loss via a stop loss rules....Margin Calls suck

thats what happen to me last year, the market have no mercy. lucky i can take what i loss last year.phewwww.

btw, the USD/JPY was strongly stay at 91.30 - 91.70 this is good since 90.xx is not touched again. i hope we can see 92.xx next week.

hi guys

been a hectic week here in South Africa... the world cup has started and the ambiance is awesome... i was really impressed by Bafana Bafana performance against Mexico but they deserved the draw!!

talking forex, i am currently still holding 4 losing shorts on AUDJPY AUDCAD USDCAD, looking forward to close them for ideally -10 when the market converges... no real action in the market but technicals point to USD strengthening again next week. See you next week and enjoy watching the games!!!

football rocks

how come you're not holding USD/JPY p[osition but post your other position at this thread? ha ha ha.

anyway i hope we will see 92.xx next week or next two week. hard resistance and hard support to breakm which one will break first....

I'm believing that this couple back to 89, before going up to 95, American data do not inspire confidence and just decide that Korea will attack South Korean neighbor, a matter of days, will attack the speakers installed in the week month. That should give one up for the Japanese currency (safety and refuge).
In the long run I believe in the possibility in the range of 100 per dollar. In the short term, trading range is between 90 and 93.

"The decline in consumer spending reinforced fears of a "double dip" recession, especially following a weak jobs report last week, Chandler said. The Labor Department said businesses added only 41,000 jobs in May, down sharply from the previous month." - http://finance.yahoo.com/news/Dollar....html?x=0&.v=4




a clear way to let the yen cheaply

http://forexblog.oanda.com/20100611/...lic-debt-risk/



Note that in this forum people feel that the dollar will rise, but looking at another forum, I realized that people believe the dollar will fall, and now? the situation is balanced in the sense of the traders, just some news to reverse this situation of indecision (fundamental)
http://forexforums.dailyfx.com/usd-j...alyst-350.html