Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

NZD/JPY Discussion 12 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Bollinger Band Discussion 3 replies

USD/JPY Discussion 4 replies

Suidster's GBP/JPY Discussion 19 replies

Attachments: USD/JPY Discussion
Exit Attachments

USD/JPY Discussion

A weakening China GDP is going to push the UJ deeper?
Quoting pohchuan
A weakening China GDP is going to push the UJ deeper?
Also interested in the correlation between UJ and China GDP
  • Post #58,983
  • Quote
  • Edited Jan 19, 2016 12:21am Jan 18, 2016 9:57pm | Edited Jan 19, 2016 12:21am
USDJPY 116.50 holding while Crude Oil breaks bellow 30 dollars per barrel.
https://www.tradingview.com/chart/US...5-Oil-Oil-Oil/
Attached Image (click to enlarge)
Click to Enlarge Name: RMpqIGuL.png Size: 84 KB
Attached Image (click to enlarge)
Click to Enlarge Name: VLO5Vy8d.png Size: 57 KB
Attached Image (click to enlarge)
Click to Enlarge Name: G7I1Jl6W.png Size: 111 KB
Underspeak, overdeliver.
1K Sunny Return This Year: 1,037.6%
I don't see much correlation?
Quoting SunTrader
{quote} Using fibs that way you do realize you are projecting 61.8% (with 161.8% level), 161.8% (with 261.8% level) and 323.6% (?) (with 423.6% level)
Sorry I wasn't checking ff .. I use the High and Low from (GMT 0) 00:00 to 05:30 ... to project fib and find the break out daily. Most of the time I took the trades after 05:30 ...
Quoting pohchuan
A weakening China GDP is going to push the UJ deeper?
Weakening China GDP is also due to weakening demand from abroad not just the Domestic market. My source says overall they are down 25% on shipments with manufacturers claiming 30-50% drop in orders. 1st quarter numbers will be bad
The pair continued pushed higher towards 118.00 level, I set my next target at 118.53.
The pair is back to the 117 region and 117.300 seem to be a strong support. If the Asia market doesn't hold, think it is likely to descend to the 116 region.
On H1 chart trying to hold support 117.25. If not 117.02, then 116.74 are next. Fib retracements using closing prices (highest and lowest close), not bar high/bar low:
Attached Image (click to enlarge)
Click to Enlarge Name: UJ H1 SR.png Size: 46 KB
Good Morning !
Today's SR Levels on MT4 Templates

EURO
CABLE
USDJPY
DAX

http://www.forexfactory.com/showthre...02#post8699702

EURO PINK
DAX PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
SP500 VS USD JPY
Attached Image (click to enlarge)
Click to Enlarge Name: SP500_W1_USD_JPY.png Size: 146 KB
USDJPY points to a possible break-down and hence, seems vulnerable to drop to 116.00 and 115.50 level before dropping further towards testing sub-114.00 level support in the near-term.
Negative CPI, oil continue below 30, we have a < 116.50 USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: QtRIyNkN.png Size: 84 KB

Attached Image (click to enlarge)
Click to Enlarge Name: kcFK1QGl.png Size: 101 KB


https://www.tradingview.com/chart/US...5-Oil-Oil-Oil/
Underspeak, overdeliver.
1K Sunny Return This Year: 1,037.6%
Strong Support Area @116.+ since 2015-Feb. I think most likely the support will break.
Quoting schematics
Strong Support Area @116.+ since 2015-Feb. I think most likely the support will break.
Stocks are falling everywhere, oli is under 30, rate hike in Fed is off the table for sure. 116 is very like to get broken through.
Underspeak, overdeliver.
1K Sunny Return This Year: 1,037.6%
Heading back to 117...will the bad economic data from US push the pair lower in asia market?

If oil price continue to hover below 20, the UJ will stay low...
God for long now at 116.78 tp 120 sl115.90
Looking good on the H1, watching the 115.60 level, could well be a turning point on the daily time frame.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 21Jan16.png Size: 48 KB
Elliott Wave for optimum entry, exit and risk management of trades
If the price fall, then :

Attached Image (click to enlarge)
Click to Enlarge Name: uj.png Size: 41 KB
Money moves the market, not an indicator.
I am thinking of placing a short at 117.450. This looks like a good entry point. Unless today news with unemployment comes out good then it may have to cancel this order. Decision time......
3 traders viewing now