I would forget about intervention. If it happens, great, but it is unpredictable. It should not be a factor in your investment decision.

USD/JPY Discussion

I choose to see it in a different way. The Dollar Index is DOWN today .37% and yet USD/JPY is UP .35% It´ss normal that the Euro´s appreciation today is larger than the dollar´s because of the steep fall it has suffered during the past weeks.

USD/JPY Discussion

This is what we need to happen to turn the US around and get King Dollar back on the table: url

USD/JPY Discussion

At what level do you get back in? I´m still holding, by the way.

USD/JPY Discussion

Saucer shape? — In the Daily chart attached, we can see the perfect saucer shape that UJ is creating in the past couple of months. Perfectly symmetrical saucer shapes are rare, but until shown otherwise we should continue to watch this ...

USD/JPY Discussion

I have identified the channel we are in, including the spine or mid trendline. This will help us identify supprot and resistance levels on the way up. If this is the channel, the 200SMA (Blue line) will move to the bottom wall and then turn up and ...

USD/JPY Discussion

With today included, the last 5 days have all had a higher low than the day before while the spread between the high and the low keeps contracting. Another factor pointing at a breakout soon. Before the end of this week we should break 77.

USD/JPY Discussion

I know what you mean about the stress created getting in and out and the fear of missing the train. I struggled with that many times years ago. What I found to be a good solution is to hold 1/2 of your position no matter what and trade aggresively ...

USD/JPY Discussion

Another point in the longs´ favor is the Inverted Head and Shoulders formation that has developed in the H4 chart in the past few days. I marked the neckline in red (around 77). Yesterday we bounced off the neckline, but as long as the trendline ...

USD/JPY Discussion

Back to the trading range. Still, a new trendline is established on the candles. It is important that it is not broken. I expect another attack on the 200 SMA (Blue line) and this time with a clear break. But... we must break 77 to consider this ...

USD/JPY Discussion

We are fighting with the 200 SMA now (H4 chart). We are a bit above it but it´s not final yet. If we hold above the 200, we should be on our way to 80 in the next few days.

USD/JPY Discussion

Yes. It means the spring is getting tighter when price action is compressed pregressively. I believe today is the breakout. Uhh... I think I´ve said that before ...

USD/JPY Discussion

The Japanese public are betting the Yen will drop: url

USD/JPY Discussion

Green arrow also in Daily chart.

USD/JPY Discussion

I agree with every word you said. The state of affairs in the United States IS deplorable. However, almost every point that you made can and will be reversed with a stroke of the pen. Obamacare will be repealed. New regulations will be repealed. ...

USD/JPY Discussion

As the chart shows, we are still in good shape. The RSI trendline is still unbroken and moving higher and we continue to get all sorts of bullish divergence green arrows on the THV. I continue to hold my long position looking for an explosive rally ...

USD/JPY Discussion

I agree. Let´s get back to USD/JPY. Good luck.

USD/JPY Discussion

Also, don´t forget that in the 1970´s the US had the Carter mailaise. the Iran hostages, 10% inflation, 16% interest rates, long lines at gasoline stations because of the oil embargo, the worse economy since the depression. Everyone said then that ...

USD/JPY Discussion

I lived in the US for 38 years. I live in Spain now, my country of origin. I still have a company in the US with 48 employees. It is true that the education level is not what it used to be, but the new immigrants are as hungry and ambitious as the ...

USD/JPY Discussion

It´s simple. A currency´s price simply reflects the policies of the politicians running the country of that currency. The US is getting ready for a Tsunami type change. The new wave of politicians in Washington abhorrs debt and sees a radical change ...

USD/JPY Discussion