Dislikedbe careful, EUR/JPY might drop to channel support (105.5 right now).Ignored
Update: We just hit an all time low with this one, 105.28. Anyone getting on board?
Buy/Sell anytime and set forget 37 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
eur/usd, eur/jpy, usd/jpy average 0 replies
Does the gbp/jpy eur/jpy follow the DOW? 8 replies
Dislikedbe careful, EUR/JPY might drop to channel support (105.5 right now).Ignored
Dislikedquestion:
assume BOJ intervenes massively sometime which pair would do better
UJ or EJ?Ignored
DislikedI think that your assumption is incorrect. Just my 2 cents.
Good luck.Ignored
Dislikedquestion:
assume BOJ intervenes massively sometime which pair would do better
UJ or EJ?Ignored
DislikedHey Bear,
Hope all is well.
Imo, I think both will have the similar affect. I think we need to agree on the strength or weakness on eurusd that should describe in detail uj and ej's move.
Given that eurusd just broke many studies downward today, the the swiss arebag holding the safe havens, whether that be euros or the jpy. Given that the eurusd hhas finally made a move, imo, i think when intervention comes, i think the first thing the swiss will do is bag hold euro's over the dollar.All in all, both will have the similar affect, and...Ignored
DislikedHey Bear,
Hope all is well.
Imo, I think both will have the similar affect. I think we need to agree on the strength or weakness on eurusd that should describe in detail uj and ej's move.
Given that eurusd just broke many studies downward today, the the swiss arebag holding the safe havens, whether that be euros or the jpy. Given that the eurusd hhas finally made a move, imo, i think when intervention comes, i think the first thing the swiss will do is bag hold euro's over the dollar.All in all, both will have the similar affect, and we could...Ignored
DislikedHi Pip,
got some damage in counter-trading EU today but it's all in the game
Thanks for your view, it's really a worldwide mess currency-wise, on the end though I think Euro will come out better then USD.
GLIgnored
DislikedI believe Euro/Jpy pair is Great for a buy at current price even if a solo intervention by BOJ do not apear soon, but what I am seeing is a similar situation as with the CHF. The Major Jpy pairs currently at historic lows as was with the Chf pairs, so BOJ might set a low limit for the Usd/Jpy which would surely benefit the Euro/Jpy & Gbp/Jpy.
Why Usd/Jpy? Simply because as with SNB only concern is the Euro/Chf so it intervened there Buying Euro, similar situation is with the BOJ only concern is the Usd/Jpy for economical reasons(exports to the...Ignored
DislikedI believe Euro/Jpy pair is Great for a buy at current price even if a solo intervention by BOJ do not apear soon, but what I am seeing is a similar situation as with the CHF. The Major Jpy pairs currently at historic lows as was with the Chf pairs, so BOJ might set a low limit for the Usd/Jpy which would surely benefit the Euro/Jpy & Gbp/Jpy.
Why Usd/Jpy? Simply because as with SNB only concern is the Euro/Chf so it intervened there Buying Euro, similar situation is with the BOJ only concern is the Usd/Jpy for economical reasons(exports to the...Ignored
DislikedHello there and welcome to the thread,
You said some good points in your post,but my advice for all traders is to risk low and to practice tehnique they use,why i said,this is Forex and everything is posible.We can see BOJ intervention soon but that isnt for sure,intervetion can be for 2 weeks for exmaple and my advice is just keep risk low and trade with relax...
Cheers
PetarIgnored
DislikedI believe Euro/Jpy pair is Great for a buy at current price even if a solo intervention by BOJ do not apear soon, but what I am seeing is a similar situation as with the CHF. The Major Jpy pairs currently at historic lows as was with the Chf pairs, so BOJ might set a low limit for the Usd/Jpy which would surely benefit the Euro/Jpy & Gbp/Jpy.
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DislikedHi Traders,
It is interesting reading your replies(with different views) to my post but unfortunately I'll not be able to discuss each reply alone but join them all in one reply.
Certainly, I am not saying to Buy these yen pairs or any other pair at any price but surely at certain price levels as 106.55/60 was very crucial at least for first hit and that was around 30 pips gain then comes 105.50/60 or if you want to milk it to previous historic low at 105.42(spiked to around 80 pips upward from here).
What I meant is those price levels...Ignored