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

JPY

Discuss JPY
 
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 31, 2013 19:45
Nikkei kissed the weekly trend resistance line drawn from June 96 high through July 07 high. On the nail, reversed sharply from there. It also coincided with the SPX high made on 22nd May which made a false break through my projection target and sharply reversed. NYSE still dominates most major world stock indices. The Nikkei has further to fall for the initial move down, dat be da price of exuberant parabolic move up from the November lows. Most indices have similarly topped on the 22nd May. FTSE, Dax, Naz, Rut, Dow etc. Aus 200 was a week early, Eurostox a week late. USDJPY topped on the 22nd May as one would expect to align with Nikkei
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 31, 2013 17:20
I caught the high a treat, looking for 12360, maybe 11740/80
Ashraf Laidi
London, UK
Posts: 0
11 years ago
May 26, 2013 22:52
http://ashraflaidi.com/forex-news/thursday-was-busiest-since-2-8-kuroda-s-justifies-stocks


Ashraf

DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 25, 2013 23:20
And get a loada this George. Be PREPARED.
http://www.mauldineconomics.com/frontlinethoughts/the-mother-of-all-painted-in-corners

Funny hosting Germans v Germans at Wembley today but good biz for London town.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 25, 2013 23:10
I might add it to my secret (have to kill ya) leading indicators. Beats stochastics, eh ?
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 25, 2013 21:25
Its for you Ashraf, to publish on your blog.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 25, 2013 21:18
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
May 16, 2013 18:48
http://www.bloomberg.com/news/2013-05-16/kuroda-faith-waning-halts-deals-as-forecasts-blown-japan-credit.html
Rezz
Vancouver, Canada
Posts: 53
11 years ago
May 15, 2013 23:40
Yen crosses havent moved much other than USD pairs. I'd have to think that during consolidation of the USD pairs, the JPY crosses will finally break down ahead of the S&P? EurJpy looks like the prime candidate!
hasegawa
tokyo, Japan
Posts: 0
11 years ago
May 14, 2013 14:03
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