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Where is Usd/jpy going?

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May 17, 2013 01:58 pm
#1
Jogi User

ارسالها: 685
تاریخ عضویت: 06/06/2011

Usd/jpy has already touched heights which were expected. Technically there is very high pressure on pair to reverse. In my opinion it wont go much up now and reversal will start soon. 

What do u think guys? Do u favor sell from current point?

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

May 18, 2013 01:04 pm
ironical User

ارسالها: 734
تاریخ عضویت: 22/04/2011

Yes I am in favor of bearish trend  but, instead of going downwards, it may start consolidating at current level so I wont favor entry. I am currently waiting for something big in favor of bearish trend.

The good or ill of a man lies within his own will. – Epictetus

May 19, 2013 04:43 pm
Champ User

ارسالها: 711
تاریخ عضویت: 17/05/2011

Originally posted by ironical

Yes I am in favor of bearish trend  but, instead of going downwards, it may start consolidating at current level so I wont favor entry. I am currently waiting for something big in favor of bearish trend.

 



I think Monday's Fed speech will not let usd/jpy consildate at current level. Either it will be slightly bullish or strongly bearish.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

May 20, 2013 11:23 am
Sasha User

ارسالها: 836
تاریخ عضویت: 16/05/2011

Usd/jpy was strongly bearish today. Almost all Pros were expecting bearish trend. It has touched 102.07 and then moved back to 102.88. Now it is moving downwards but slowly. Support lies near 101.83.

May 21, 2013 02:53 pm
Champ User

ارسالها: 711
تاریخ عضویت: 17/05/2011

Monday's fall is mostly recovered today. We saw strong bullish movement after 00:00gmt which took it to 102.77 from 102.16 in around 1 hour. Around half an hour ago, strong bearish trend is seen after fed speech.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

May 22, 2013 03:13 am
Jogi User

ارسالها: 685
تاریخ عضویت: 06/06/2011

I am expecting usd to strengthen. At the same time, technically, usd/jpy is expected to fall. I wonder what will happen to this pair after strong US data.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Jun 06, 2013 11:12 am
sekiryutei User

ارسالها: 3
تاریخ عضویت: 02/06/2013

Seems like the pair is still not yet show the trend. the daily chart still show the raise chance and the japan still doing deflation. need something bigger to push it down or nfp to raise it up again.

Jun 07, 2013 06:17 am
ironical User

ارسالها: 734
تاریخ عضویت: 22/04/2011

Originally posted by sekiryutei

Seems like the pair is still not yet show the trend. the daily chart still show the raise chance and the japan still doing deflation. need something bigger to push it down or nfp to raise it up again.



I do not agree. Pair has shown significant bearish trend in last few days that is why pair is now trading below 100. 

The good or ill of a man lies within his own will. – Epictetus

Jun 10, 2013 02:10 pm
Sasha User

ارسالها: 836
تاریخ عضویت: 16/05/2011

Usd/jpy is moving strongly upwards and expected to go near major resistance level of 99.46. U.S jobs data impact is still there I think.

Jun 10, 2013 05:20 pm
pabonbd10 User

ارسالها: 3
تاریخ عضویت: 09/06/2013

Sure I am in support of bearish craze yet, rather then intending downwards, it may start bringing together on current degree and so i wont favour access. I am currently waiting for one thing large in support of bearish craze.

Jun 13, 2013 03:05 am
Champ User

ارسالها: 711
تاریخ عضویت: 17/05/2011

Originally posted by pabonbd10

I am currently waiting for one thing large in support of bearish craze.



Which thing? Any fundamental? or is there any important technical support coming?

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

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