Will Dow get double punches? — Has the Dow factored the Merrill's horrendous earning results in itself? I say, it has not yet, because it was released after the market hours. If this was the case, the Dow might get double punches from Merrill ...

USD/JPY Discussion

Surprising short cover... — I must say that the short covering was quite surprising to me. It shot up more than I expected. That was more than a dead cat bounce. Should I call it a crazy cat bounce or a dead tigar bounce? The oil price ...

USD/JPY Discussion

Morning America — The oil buying machine seems to be awake now.

EURUSD

Oil, oil, oil... — Oil selling machines are working right now. "And widely used computers programed to sell once prices fall to certain thresholds can accelerate declines, much as an avalanche gains steam the further it slides." url But, I ...

EURUSD

Dead cat bounce — Yes, it looks to me that this was another dead cat bounce on the way to 102.70-sushi or beyond.

USD/JPY Discussion

Sushi — 105.xx sushi? Sushi?

USD/JPY Discussion

Sonic, Here is the link. url

USD/JPY Discussion

One way to look at USD/JPY - TED spread — Most of you have realized that USD, and the US economy has been DEEPLY in trouble, even though it was tentatively lifted from around 103.80 in the previous NY session as a result of oil price's plunge. ...

USD/JPY Discussion

Worst Financial Crisis Since the Great Depression and Worst U.S. Recession in Decades — "This is by far the worst financial crisis since the Great Depression," "This is a systemic financial crisis, there is no end to it,'' Nouriel Roubini, ...

USD/JPY Discussion

Monthly R1 — It would be interesting to note that USD/JPY touched Monthly S1, 103.78 and went back up a little bit before it got to S2, 103.71. If you are going short, don't be surprised unless you are a scalper who is intending to take a ...

USD/JPY Discussion

Possibly — Possibly. Or it may bounce before it gets to, as R3 is 102.90. Remember...Bernanke will speak in NY time, and crude oil inventories report will be released. Good luck.

USD/JPY Discussion

You said it. — You said it, Bruce. I couldn't agree with you more. I think that USD is likely to further go down (of course we will see some rallys along the way) at least for the next coming months. Some of the reasons for this are... - CBOE ...

USD/JPY Discussion

Good for you, then. — ak4x, It sounds you wanted to say that you were not the one who was on the wrong side of the market which I think it was. That is fine. If you did not get hurt from this USD fall, I would say, good for you, really. You ...

USD/JPY Discussion

Who is everybody? — Who is everybody? I guess those bulls who have been active in this board must have gotten really hurt as a result of this USD fall for the past few days. When USD/JPY was hovering just below 200SMA several days ago, I saw ...

USD/JPY Discussion

— Took a profit at 104.98 as planned, and it was beatifully bounced off.

USD/JPY Discussion

— I'm with you. That price level is the neckline of Double Top on the daily chart. USD should go back up a bit once it touches it. But it is likely to start heading lower later unless Bernanke comes up front in NY time and verbally ...

USD/JPY Discussion

Possibility of rate hike by BOJ this year — This news should be a big surprise to the market... Yen May Rise as BOJ More Likely to Act, Gyohten Says By Kosuke Goto and Shigeki Nozawa July 15 (Bloomberg) -- The yen may rise as high as 100 per ...

USD/JPY Discussion

Mr. George Soros says... — Soros: Fannie, Freddie crisis not the last Monday July 14 2008 By Jennifer Ablan NEW YORK, July 14 (Reuters) - Billionaire investor George Soros said on Monday that the crisis over Fannie Mae and Freddie Mac will not ...

USD/JPY Discussion

Short is being played out — The weak fundamentals for USD and all of those negative newsflows will be the main driver to push USD further down throughout this week. If one of the key supports, 104.96 is broken lower, the big double top will be ...

USD/JPY Discussion

Mr. Jim Rogers says... — Fannie Mae, Freddie Rescue a "Disaster", Rogers Says (Update1) By Carol Massar and Eric Martin July 14 (Bloomberg) -- The U.S. Treasury Department's plan to shore up Fannie Mae and Freddie Mac is an "unmitigated ...

USD/JPY Discussion