DislikedGidday YEN Took a we short to 114 small one Still in longs to 116+ Has to pull back a tad sooner or laterIgnored
http://townhall.com/columnists/nicho...5411/page/full
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
DislikedGidday YEN Took a we short to 114 small one Still in longs to 116+ Has to pull back a tad sooner or laterIgnored
Disliked{quote} 80 Trillion YEN is no joke. I would hate to bet against the Bank of Japan now with 80 Trillion on hand. http://townhall.com/columnists/nicho...5411/page/fullIgnored
Disliked{quote} Nikkie is up by 2.05% today, and Dollar Index retraced to daily high, nice opportunity to go short!Ignored
Disliked{quote} This may go straight to 120. Just remembered... Today is only Tuesday. Corrections and reversals take place on either Thursday or Friday and the meeting in China is not over yet.Ignored
Disliked{quote} Last week, we had a series of good US data but this pair didn't breach 115.600, this pair path is preset it will visit 113.500 zone after that we can see continuation of this pair. then this go straight to 120.Ignored
DislikedUSDJPY is likely to test resistance turned support level near 115.70 before rallying again to 116.10; however, 117.50 can become important resistance for the pair. On the downside, there are multiple horizontal supports as signaled in the chart. {image}Ignored
Disliked{quote} I agree, 117.50 looks like important resistance as 114 act as a strong level of support.Ignored
DislikedNext stop is 116, a retrace maybe to about 115.5x and then up to 118. Have a great week guys!Ignored
Disliked{quote} No one said anything at the meeting so this was basically a green light for Japan to continue with its devaluation of their currency. I just got word that there would be no retrace or bounce and that it would be a straight downward decline for the Japanese YEN. Looks like Obama gave him the green light by turning blind eye. Funny world we are in today about hypocritical people are. Had the Chinese YUAN just declined 15% the US would be up in arms complaining about China using their currency as a means to boost their exports while when Japan...Ignored