Forum > View Topic (Article)
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.
Actually whats brought about the sudden movement in everything
Let's see if the RBA is right back at it, instructing their prop desks to bid AUDUSD higher at ALL costs.
we just reached 5.49 thats an intermediate support
from there a pullback at 5.4950-70
major support at 5.485-30
if that is the case then chfnok strenghning at 5.67. that represent the resistance
could not answer before i was on it and out
I a anticipating a pullback in equities soon, which would move $$ from equities to bonds, causing the spread to narrow and USDJPY to decline. In addition, USD/JPY is still sensitive to equity declines in general.
If USDJPY holds here at the 91.40/50 level, then expect this last 80 pip in one hour move to be reversed. So first target is 90.75, then 90.30.
This one may take a few days to work out.
How are u.....
I am short at EUR/JPY at 123.16.... Now it is 123.38.... Depending on ur target, can we expect it to reach 122.91.....
Thks a lot for all ur help always.....
AVG
I only wished you had more targets for the NOK...
FX
Ashraf