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by Ashraf Laidi
Posted: Apr 3, 2009 12:10
Comments: 4
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This thread was started in response to the Hot-Chart:

100 $/Yen is no Big Deal

 
   
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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Apr 6, 2009 12:27
ForexCatalyst. Yes, a breack fo 8550 in Dow should definitelyhelp USDJPY push high. 103.45 stands after 101.65.

FL, watch out for S&P500 at 860-865. If this fails to break within the next 4 weeks than we see renewed selling in USDJPY.

Ashraf
FL
GuangZhou, China
Posts: 14
15 years ago
Apr 6, 2009 5:49
Hi Ashraf,

So Then you thought which level Does spatially Compared with security 101.50 or 102,103?

In future one month You downward see any price? Dow Upward You saw any position halts.

Thanks a lot
ForexCatalyst
California, United States
Posts: 2
15 years ago
Apr 5, 2009 20:56
If the Dow continues its Bear Market rally to meet the 150 day MVA in the short term, now at 8550, could we break the USD/JPY 101.50 and see more money move into the the Carry Trade? I'm betting on it, .. Carefully.
Rob
New York, United States
Posts: 305
15 years ago
Apr 3, 2009 15:20
So much for psychological resistance - thanks for the clarification.
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