Yen Shorts at 3 Year Highs as $USDJPY Breaks 111

Viewing 8 posts - 1 through 8 (of 8 total)
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  • #10523
    KnovaWave
    Participant

    [article]73[/article]

    #10524
    ThePitBoss
    Participant

    Nice and clinical thanks – herd is usually long but like most things are bailed out by averaging until they are not. Seems JPY shorts and $USDJPY longs have been to a large extent bailed out by $EURJPY and $AUDJPY longs.

    #10531
    Helmholtz Watson
    Participant

    Contrarian usually wins in the end but I have thought hat on quite a few stocks this year. Seen a lot go way higher than I imagined possible.

    An inspired image to lead into the story with the rotting, or is it devoured Geisha girl. 🙂

    #10561
    Helmholtz Watson
    Participant

    Back to 111.51 this morning as EURJPY took off – ty for the charts helped me with that 61.8% heads up

    #10609
    KnovaWave
    Participant

    [quote=”Helmholtz Watson” post=283]Back to 111.51 this morning as EURJPY took off – ty for the charts helped me with that 61.8% heads up[/quote]

    Glad it helped – got back over 112 before the Fed for ya 🙂

    #10610
    KnovaWave
    Participant

    USDJPY moves toward 100 DMA after the FOMC statement. After spitting 200 day MA at 112.04 and under 100 DMA at 111.599 to new lows for USDJPY a 111.44 – under here is 111.31 the Monday and Tuesday pivot swing logical 111.00 next and then that low at 110.62. Above is the previous resistance

    #11067
    Super Harley
    Participant

    Very helpful been a grind but here we are – below trend line support on the daily chart at 109.44 and down to the 109.26 swing low from June 15th

    #11068
    KnovaWave
    Participant

    The slow haul makes it very powerful if gets through these lows EURJPY the tell here – cheers 🙂

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