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: USD/JPY
After declining by almost 354 Pips from its high of 84.59, it appears that the USD has finally hit a short-term bottom, and could rally up to 83.50 from its current price of 81.66. This is the Dollar Index that … Continue reading
Brace yourselves for one of the biggest unwind of 2013: GOLD and JPY. Despite Gold’s recent disastrous decline, Gold is still expensive (overbought) in terms of JPY. I believe this is about to change, and Gold prices in terms of … Continue reading
Pardon my God Complex here, but the JPY hit 96 today, exactly as I predicted in THIS POST. You’re Welcome.
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