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by Ashraf Laidi
Posted: Nov 10, 2009 16:34
Comments: 611
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This thread was started in response to the Article:

Don't Forget the Yen

Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
 
John
Utah, United States
Posts: 9
15 years ago
Dec 17, 2009 14:39
Hello, Ashraf,
How do think of GBP/JPY. Even though the trend is down in daily, weekly and monthly charts, but there is a up-side divergence in KD line in the weekly chart. Thank you for your sharing your take.
A_V_G
Singapore, Singapore
Posts: 38
15 years ago
Dec 17, 2009 10:08
Thks a lot Ashraf....
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 17, 2009 10:05
AVG, yes you may see JPY strengthening here as stocks extend losses but USD rallies remain preferred.

Ashraf
A_V_G
Singapore, Singapore
Posts: 38
15 years ago
Dec 17, 2009 9:59
Hi Ashraf,

Wht do u think of EUR/JPY and GBP/JPY pair for today. Today is Thursday, and per the last 4 Thursdays, the YEN was vry strong against these pairs..... Can we go short on this pairs again today targeting a 80-100 pips profit.
Current price - EUR/JPY - 129.20 and GBP/JPY - 144.92

Thks Ashraf

partisan
London, UK
Posts: 43
15 years ago
Dec 17, 2009 9:13
Ashraf - Many thanks for taking the trouble to clarificy.
John
radu
bucharest, Romania
Posts: 203
15 years ago
Dec 16, 2009 19:05


Many thanks Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Dec 16, 2009 18:28
OK ASHRAF
I'LL SEE END WEEK OR NEXT WEEK IF ITS TOUCHES 90.40 90.58 ; IF THAT IS THECASE I PROJECT 91 LEVEL BEFORE YEN STRENGHEN;
VERY INTERESTING FOR CAPITAL MOVEMENTS
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Dec 16, 2009 18:18
partisan, "spring". late Q2.

radu, back to 63.50s


Ashraf
partisan
London, UK
Posts: 43
15 years ago
Dec 16, 2009 17:39
Ashraf - Very kind of you to respond. The JPY 'sprint' reference was in your Dec 11th 10.37ET Forum blog.

Many thanks,

John
kidwai
karachi, Pakistan
Posts: 77
15 years ago
Dec 16, 2009 17:24
Hi Ashraf,Thanks for your repley, I really appreciate.
Best Regards.