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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.
 
said
mulhouse, France
Posts: 2822
15 years ago
Jan 21, 2010 15:54
HOLA MARIA
91.98 NEXT TARGET FOR USDYEN.
Maria
Juarez, Mexico
Posted Anonymously
15 years ago
Jan 21, 2010 14:17
Hola Ashraf,
With a busy week of movement in other crosses everyone forgot about USDJPY it seem. I wondering how you see USDJPY ending this week? It bounced off nicely at 90.35 so do you think it is ready to go higher again? What is your outlook for how this pair close the week?
Thank you,
Maria.
Edric Ou
Singapore
Posts: 21
15 years ago
Jan 21, 2010 4:55
Hi Ashraf,

China GDP up 10.7%, above 10% which you had mentioned. Do you see a tightening to come in play? Which means risk aversion is back? Is it a good time to long USDJPY now?

Thank you!
chloethebull
Posted Anonymously
15 years ago
Jan 21, 2010 3:00
ya, pippedoff im waitn to see if it stalls out before i sell my other positions ,i was hopeing for a test of 1.0500 but i;ll take 1.0485..ok gl any thoughts on the usdgbp..thanks
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 21, 2010 2:34
It feels like usd wants to pull back here. euro at 1.4092. We'll see what legs it has if it gets its head back above 1.4100. It's been quite a run for usd, and a pullback would be healthy, allow fresh shorting opportunities.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 21, 2010 2:29
Chloe-these are markets I don't care to participate in. I am waiting for things to calm a bit. Looking to add to aussie long
chloethebull
Posted Anonymously
15 years ago
Jan 21, 2010 2:12
hey pippedoff, did u see the usdcad about 5min ago spike 30pips in 1 sec but fell back right away to 1.0445..does that have any meaning...thanks
MetacuxRevival
Singapore
Posted Anonymously
15 years ago
Jan 21, 2010 1:23
USD/JPY testing around 91.30 region?
Long term Analysis does indicated a bearish continuation but i guess fundamentals do affect the faint hearted'
i do look forward to the targets which the world best analyst(A.Laidi) had shared with us late last year'
Nobody to be blame, its a matter of choice'
lets see the breakout outcome'

happy trading & enjoy'
Assalamualaikum'
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 3:47
alost one of the combatants to the USDX - usd/jpy sinking to the 80's - not to be seen again for a while
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 18, 2010 23:30
Regarding GBPUSD, i would want to call the break of 1.6350. But I must NOT be hasty and better wait for tomorrow's UK CPI (see latest IMT).


Ashraf