USDJPY Discussions

[Ammeo 10]

This pair is having hard time getting up to the 900 area today.

[tradingwizzard 10]

This pair is having hard time getting up to the 900 area today.

 

I would say is about to revisit 108 sooner rather than later.

 

TW

[lord_of_trading 10]

So it seems to me my USDJPY trade has been ultimately successful and my first profit target, 110.00, is actually being approached. Here we should be looking to close half the position and move our stop-loss to brief support around 107.00 or if you want to be really risky move it to the entry at 104.90. Below we offer a daily chart perspective to show the recent run up!!

[Ammeo 10]

Passed the weekly open/high and forming a parabolic rally on the daily.

Some more bullish signs.

[Ammeo 10]

I would say is about to revisit 108 sooner rather than later.

 

TW

 

U mean its gonna go down back to 108? i personally dont think thats gonna happen. Id rather say it'll be 109 sooner rather than later and then to the Holy Grail (the 110 mark) that everyone has been talking abt.

[Ammeo 10]

USDJPY trading above the daily 20 SMA and the MACD is trading to the upside.

 

Bullish Bullish Bullish

[Ammeo 10]

Currently 109.84. 110+ today easy. Probably 110.50 this week if the US news is good.

[Ammeo 10]

USDJPY has gone from 101 (June 2014) to almost 110 (October 2014).. Just 5 months...wow

 

Traders could have made hundred of thousands has they gone long into it 6 months ago and held until now..

[lord_of_trading 10]

As for USDJPY I say...Stop being so afraid of 110.00, we all know the banks are going to take this pair to 115.00. I have a video posted (right side of page) that even tells us the likelihood and story of the trip. On a 60min chart we can see timid traders waiting for the banks to come back to this pair (and out of EURGBP) to send the price higher for us.

If you're like me and got in around 105.00 be strong and confident, wait, you'll be happy you did.

 

Twitter: @iam_kevdidit

StockTwits: @lord_of_trading

Blog: iamkevdidit.blogspot com

[Ammeo 10]

As for USDJPY I say...Stop being so afraid of 110.00, we all know the banks are going to take this pair to 115.00. I have a video posted (right side of page) that even tells us the likelihood and story of the trip. On a 60min chart we can see timid traders waiting for the banks to come back to this pair (and out of EURGBP) to send the price higher for us.

If you're like me and got in around 105.00 be strong and confident, wait, you'll be happy you did.

 

Twitter: @iam_kevdidit

StockTwits: @lord_of_trading

Blog: iamkevdidit.blogspot com

 

108.9 to 109.22 looks to be the only barrier in the way. If it is to move up.

[Mysticforex 13]

There rapid fall of the yen to the 110 level is now causing concern. In the Nikkei Asia Review it was reported:

 

Discord emerges in Japan over yen's accelerated slide......The rapid depreciation of the yen in recent weeks has sparked concerns that the currency's slide against the dollar has gone too far. It

now appears the weak yen is creating more problems, rather than benefits for the economy.

[Ammeo 10]

i have a buy limit order at 107.5 . Targeting around 109 again if it gets above 107.5

[Mysticforex 13]

How the mighty have fallen! Just a few weeks ago USD/JPY was racing towards 110.00 and the market was convinced that Fed rate hikes were on the way. But with US yields having fallen more than 30bps in the past month and with risk aversion running rampant, the pair has seen a swift decline and today broke below its former breakout point at 107.00. Tomorrow the market will get a glimpse at the US Retail Sales data which could prove to be the key event of the week. If the numbers surprise to the upside them the theme of lower oil prices and resurgent US consumer could put the bid back into the buck. But if the data once again misses to the downside the market is going to unwind the USD/JPY longs even more and the pair could test the 106.00 level next.

[Ammeo 10]

How the mighty have fallen! Just a few weeks ago USD/JPY was racing towards 110.00 and the market was convinced that Fed rate hikes were on the way. But with US yields having fallen more than 30bps in the past month and with risk aversion running rampant, the pair has seen a swift decline and today broke below its former breakout point at 107.00. Tomorrow the market will get a glimpse at the US Retail Sales data which could prove to be the key event of the week. If the numbers surprise to the upside them the theme of lower oil prices and resurgent US consumer could put the bid back into the buck. But if the data once again misses to the downside the market is going to unwind the USD/JPY longs even more and the pair could test the 106.00 level next.

 

I think after hitting that long awaited 110 this pair did its purpose and now bulls are no more interested in this pair anymore after that mark has been reached.

[Ammeo 10]

107.3 nice resistance, it should break through by US session, if not London. Looking for 50-100 pips up today.

[Ammeo 10]

Trade balance might have a decent impact. A break above 107.40 exposes a test of 108. To the downside, below 106.30 should see a retest of 105.50.

[Ammeo 10]

Strong push through the 108 level. Bulls are back in business.

[shuvo7748 10]

Hello,

 

i have this update of USDJPY

 

USD/JPY (USDJPY=X)

108.1650 0.9470(0.8800%)

Prev Close: 107.2180

Open: 107.1950

Bid: 108.1550

Ask: 108.1800

Day's Range: 107.0950 -108.2150

52wk Range: 96.9700 - 110.0685

[Ammeo 10]

Well resistance before 108.4, causing a few pips drop. I hope it gets broken soon.

[Ammeo 10]

The bad reports on Core Durable Goods Orders and Durable Goods Orders may take it further down tomorrow.

[shuvo7748 10]

The bad reports on Core Durable Goods Orders and Durable Goods Orders may take it further down tomorrow.

 

okay lets see what happen :missy:

[Ammeo 10]

Technicals are looking strong at this moment for the upside. Great consolidation around 108. Slight drop to 107.50 is possible with a max drop of 107 this week. However, climb back to 109 is far more likely come medium term.

[shuvo7748 10]

Technicals are looking strong at this moment for the upside. Great consolidation around 108. Slight drop to 107.50 is possible with a max drop of 107 this week. However, climb back to 109 is far more likely come medium term.

 

likely will hit 110 by this friday

[Ammeo 10]

likely will hit 110 by this friday

 

U were right..110+ it did . I think another drop to the 106-107 zone is ow coming on it again in November..

[shuvo7748 10]

Whats about today?

 

USD/JPY jumped to 110.28 on the back of unexpected BOJ monetary policy decision; it is currently trading at 110.28 from 109.39 registered right before the news hit the wires.