Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 31, 2011 3:18
Ashraf.. i wouldn't be so sure.. CB's are getting smarter.. remember that "bankrupt" SNB?..:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 31, 2011 3:13
bang.. bang.. both usdjpy and eurjpy targets shot.. 80 possible..
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 31, 2011 3:10
jacek,

65 still will happen.

How many times people said "this time they mean business" when it hit 90, 85, 80, 75.

So, play the bid, expect 80.10s before 65s comes to town.

Ashraf
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 31, 2011 3:05
AL's big call deja vue, eh?.. no silver lining in this one either:-)

alaidiAshraf Laidi

doesnt matter. 65 will be the new 80 in $USDJPY #forex

5 hours agoFavoriteRetweetReply
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 31, 2011 2:26
Japan Intervenes, Yen Pairs +400 pips, Now What?

Japan intervenes in midday Monday Tokyo trade, lifting USDJPY and EURJPY by nearly 400 pips each to 78.60s and 111.00 respectively. Yen Interventions have proven to be like Halloween costumes, with very limited duration before they lose their effect. The duration of the post-August intervention lasted 1 day. The duration the post-March coordinated intervention lasted about 2-weeks. The duration of the post-September 2010 intervention lasted 1 day. Rather than speculation on the DURATION of today's intervention, we focus on the PRICE.

We expect USDJPY and EURJPY to extend moves into the US session, with various phases of bids & pullbacks. 79.30 & 79.80 appear to be the next key targets, with 77.50s and 77.10s likely to emerge as the key support levels. The objective (and hope) of the BoJ is to extend the impact into Fridays US NonFarm Payrolls (NFP), whereby a positive number, will be supportive for USDJPY.

Premium Subscribers can view our August piece on USDJPY HISTORICAL CYCLES (still valid) for the key levels above/below which to consider placing stops and entries. DIRECT ACCESS to USDJPY piece herehttp://ashraflaidi.com/ products/sub01/ access/?a=466 To subscribe, click here:http://ashraflaidi.com/products/sub01/


Ashraf
givemethebill
Japan
Posts: 316
13 years ago
Oct 31, 2011 2:12
noda, light my fire ...
Dodger
London, UK
Posts: 139
13 years ago
Oct 31, 2011 1:54
Bang!!in they go,how far up are the yen crosses going,have been in already out
aymankhlifat
amman, Jordan
Posts: 21
13 years ago
Oct 31, 2011 1:48
and this is the strong actions i talked about .
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 30, 2011 21:31
Why Japan Chose the Strong Yen; one of 2 bad choices.

My video take on "Japan's Yen's Choice" video 15 mths ago.

Video posted 15 months ago. The only thing that changed is the employer's name.
http://www.youtube.com/watch?v=fvXqTViK7Yk&feature=youtu.be

Ashraf
aymankhlifat
amman, Jordan
Posts: 21
13 years ago
Oct 29, 2011 21:24
USD Strenght doesnt help UJ pair at all - The Only Solution Is Japan need take Strong Action
As we can see in the USDX Monthly Chart - last Month we have break the longterm downtrend and USD showing strenght against all currencies with one exception and Its JPY - Doesnt help it at all