Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: Jun 24, 2009 14:06
Comments: 182
View Hot-Chart
This thread was started in response to the Hot-Chart:

USDJPY 4-week Cycles

 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 31, 2009 13:06
Pipster, Only a close above 96.20-25 will be bullish


Ashraf
Pipster
birmingham, UK
Posts: 111
15 years ago
Jul 31, 2009 12:25
Steven, Thanks for replying. I'm short at 95.60 and now worried it's going to break the 95.80. Just got hold my nerves and stomach.
Steven Blyth
London, UK
Posts: 148
15 years ago
Jul 31, 2009 11:42
Pipster. Depending on your time frame shorting USD/JPY should be fine for longer time frame plays.
http://tiny.cc/ZK8Gv
Pipster
birmingham, UK
Posts: 111
15 years ago
Jul 31, 2009 10:58
The USD/JPY is killing me slowly...it's just not moving down. You guys are are you feeling on the trade
JackD
United States
Posted Anonymously
15 years ago
Jul 31, 2009 9:49
Dear Ashraf,

Seemed counterintuitive that bad CPI numbers showing greater deflation and worse economy for Japan would lead to increase in Nikkie and weaker Yen. For example, deflation means Yen could buy more. Its value should increase and stock market goes down.

Puzzled and confused,

Jack
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 31, 2009 9:34
Gun, Pipster, this is very much a case of JPY weakness after those Jpns CPI figs, which showed the worst decline in history. A break of 95.80 will push towards 96.20, which is next resistance.

Ashraf
Pipster
birmingham, UK
Posts: 111
15 years ago
Jul 31, 2009 9:28
Hi Ashraf,

With the Usd/Jpy why has it spiked back up again to near first resistance. any suggestions
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 31, 2009 9:23
meant against sterling

thx
Gunjack
London, UK
Posts: 1184
15 years ago
Jul 31, 2009 9:23
Ashraf thanks seems like USDJPY is still holding below 95.8/96.2....good call on GBPJPY which is now looking more and more likely to hit 158.7 and even 160 ( as per your earlier tweet). Do you think the yen is getting oversold though, especially against ?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 30, 2009 14:10
GC, jack,. key resistacne at 95.80.. see the hotchart

Ashraf