JPY has been probably the most profitable and at the same time, the most volatile, trade since November of last year (2012). Over the past couple months though, the Bearish momentum on JPY seems to have flattened out quite a … Continue reading
Tag Archives: AUD/JPY
The AUD/JPY is suggesting that the ES (S&P E-Mini) will keep declining until it hits 1560, at which point, it might reverse and continue its historic run to 1700+.
We got a Death-Cross on JPY today. The 5 DMA crossed below the 10 DMA. This is a short-term Bearish signal (for the USD/JPY). In light of the massive undertaking by the Bank of Japan, I’m of the opinion that … Continue reading
In light of the massive Global Markets Sell-Off overnight, courtesy of Ben Bernanke + Weak Chinese Economic Data + Japanese Stocks Collapsing Back To Reality, I though it’d be wise to stay on topic and focus on the JPY. Over the past … Continue reading
With a measly Billion Dollars, a 5 yr old could move this market 100 points UP/DOWN, given the non-existent volume. I wont be a bit*h and whine about fundamentals and macro-economic variables, but I’ll only say this: Enjoy the ride while you … Continue reading