Good chart, and solid analysis. We will see what Sunday night brings, eh? FWIW I'm long from 120.90

USD/JPY Discussion

Forexpupil, thanks thats what I was asking.

USD/JPY Discussion

It depends, I noticed that with the yen things get real tricky as the interest rates are so out of wack that corrections tend to be very dramatic. Such as in March(?) someone help me out here.

USD/JPY Discussion

Ahhhh..gotcha.

USD/JPY Discussion

The USDX doesn't always correlate with the usd/jpy

USD/JPY Discussion

I can't knock the guy's analysis, I incorporate my own experience, TA, fundamentals and special situations, such as subprime and go from there. Every trader/analyst is wrong at some point or time. I still look for 124/125 after this correction. ...

USD/JPY Discussion

Not blindly at all, but you did see the 120.97 test right? Or did you miss that? I follow my own gut feeling, TA and fundamentals.

USD/JPY Discussion

If 120.97 holds and we consolidate above that I look for a breakout to 124.13 next week.

USD/JPY Discussion

If we close above 120.97 we're going to 124.13 next week.

USD/JPY Discussion

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USD/JPY Discussion

Looks like one more 121 try, hehe. If that holds, trucks away

USD/JPY Discussion

Anything's possible, but I think that that was the correction needed to push through to 125

USD/JPY Discussion

Smart bounce off 121.86 as I predicted. Load the trucks!!

USD/JPY Discussion

Oh and don't forget subprime. Looks like 121 held.

USD/JPY Discussion

Subprime

USD/JPY Discussion

Remember this word: Subprime 121 test coming.

USD/JPY Discussion

Guess I was wrong 121 here we come and that test of 120.97 might happen before the weekend. Long truck parked and ready for take off at that level.

USD/JPY Discussion

The 122.30 region has provided resistance all week and contained the upside. 121.50 will be the support now for this completely and utterly uninspiring range till thurs/fri of next week.

USD/JPY Discussion

Actually it's not a rumour, its a fact:

Aussie Pairs

More like 81 if these subprime rumours are true:

Aussie Pairs