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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 15, 2011 18:25
Tokyo confirmed their stock exchange WILL be open tomorrow.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Mar 15, 2011 2:22
FOURTH Japanese reaction at damaged Fukushima plant is on fire - AP

japan is down 6.6%, Shanghai HangSeng -3.3% , Shanghai -1.7%

Ashraf
subway90
Posts: 1078
13 years ago
Mar 14, 2011 20:03
boj tried but failed time and again to reverse the long term downtrend... all they could do now is try to slow down the YEN appreciating abruptly..... 80 level will be defended initially but as long as it trades below 84 level.... see it dipping to 76/77 level.... gl/gt
alk34alk
Istanbul, Turkey
Posts: 4
13 years ago
Mar 14, 2011 14:47
Dear Gammahunter,

We still long on USD/JPY, sure we try some daily trades on USD/JPY all prices below 82.00 and sell them for 20-25 pips targets but our main entry level is about 82.00 and we are not planing to exit short time. I am not a technical analyst but, as fundamental we are realy bullish on this currency...

Thank, Regards
Ali Kazim Oz
Klondike
Idaho, United States
Posts: 27
13 years ago
Mar 14, 2011 13:11
I prefer aiding disaster victims but note that the Yen rose 20% during the three month-period following the January-1995 Kobe earthquake.
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 14, 2011 12:38
hello ali kazim oz where lvls u look 2 buy usdjpy. I am also buyer but need good entry point. I prev have mar fut from 81.69 that i recently close over 82. I am cautious now as this disaster effect on yen flow is unpredictable
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Mar 14, 2011 1:13
The authorities are working overtime at maintaining normalcy in the global financial markets. days after Saudi Arabia reiterated its role as oil-pumper of last resort in the face of +$100 oil escalating out of MidEast & Nth African unrest, the Bank of Japan delivers its version of shock-&-awe of in 7 trillion yen ($85 billion) in money market operations (purchases) in order to stabilize liquidity following the Fridays massive earthquake and tsunami. The 7 trillion yen is about 3 times greater what was expected and by far as the biggest single-day money market operation in Japan. But Nikkei-225 is down 5%, Topix is down 7% and the dollar is regaining some stability after having added to Fridays losses in early Asian session on the back of those Japanese interventions. AUDJPY seen testing prelim resistance of 83.40s before likely to succumb to fresh declines.

AUDUSD hrly stochasics remain in a clear negative crossover. DO NOT UNDERESTIMATE the effectiveness if central bank interventions in shaking off the weak and overleveraged participants in FX. Therefore, if you are finally convinced that the major resistance in AUDUSD and GBPUSD stands at 1.0190s and 1.6350s, then it is no point for sellers of these points to receive a margin call below these levels. While it does not necessarily mean that cable and Aussie will both reach this level

Ashraf
Ganja
United States
Posts: 278
13 years ago
Mar 13, 2011 23:39
we b watchin
lucky
ibadan, Nigeria
Posts: 377
13 years ago
Mar 13, 2011 22:22
did any watch whats happening to yen in the last 30 mins
alk34alk
Istanbul, Turkey
Posts: 4
13 years ago
Mar 13, 2011 19:28
(USDJPY), USD/JPY , this time is different for JPY. As you know that the general rhetoric is buy JPY and sell other majors for big disasters, but NOW this is totaly different, so there is realy huge budget deficit and most important think is JPY already overbought, and JPY is not a solid carry trade instrument till down side of 90.00 ( USDJPY ), some analysts says there will be some JPY flows to Japan from Insurance companies and goverment but we do not agree this so now already very gib flows went JPY till long time, so we do not use this theory. We will start to BUY USD/JPY, and GBP/JPY at first...

Ali Kazim Oz
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