Investors would be cautious ahead of US bank earnings — Yes, we *may* see a rally for a very short period of time as a result of the news, but I suppose not a strong one given that investors will remain cautious ahead of US bank earnings in ...

USD/JPY Discussion

When you get really really bored by the market where there is no price action, it often indicates that a breakout is about to happen as it did on Friday.

USD/JPY Discussion

Well, well, well... — Well, well, well...USD/JPY has finally given up breaking 200SMA higher on the daily chart, and started heading toward where it should be. The next target will be 104.96 nearby which is just above the Kumo of Ichimoku on ...

USD/JPY Discussion

Also... — 7/17 Merrill Lynch 7/18 Citigroup These guys will be the main characters next week.

USD/JPY Discussion

Heavy selling pressure lie ahead — Heavy selling pressure seems to lie ahead, especially around 200SMA. What would you do, if you were a big player? I would move the price lower to clean those long positions out of the market. Or I may be ...

USD/JPY Discussion

Okay. I've figured that IBIF includes Sunday's price for the calculation while Alpari does not. This is probably it. Thank you.

USD/JPY Discussion

ak4x, On my daily chart, 200SMA is located way above your 200SMA. How did you plot the 200SMA on your chart? As you can see, the 200SMA on my chart has been a critical resistance for the past weeks.

USD/JPY Discussion

The US's response to Iran's missile test — SOFIA (Thomson Financial) - Iran's latest missile test shows that the threat posed by the Islamic republic is not "imaginary", U.S. Secretary of State Condoleezza Rice said here Wednesday. "It's ...

USD/JPY Discussion

Dollar Falls Against Euro, Yen After Iran Test-Fires Missile — Dollar Falls Against Euro, Yen After Iran Test-Fires Missile By Kosuke Goto and Stanley White July 9 (Bloomberg) -- The dollar declined against the yen and euro after Iran's state ...

USD/JPY Discussion

Iran Test Fires 9 Missiles. (Reuters) — Iran Test Fires 9 Missiles. (Reuters) Is there anyone who has more information on this? Iran threatens to 'set fire' to Israel and US navy url J'lem sources: Saudis not opposed to Israel strike on Iran ...

USD/JPY Discussion

Maybe so, maybe not — Maybe so, or maybe not. It is not rare to see that the Tokyo traders prefer doing nothing, and let the Russian/London traders decide what to do about the market's direction. But this time, I'm unsure about why the market ...

USD/JPY Discussion

200SMA again — Here we come again...just below the famous cast-iron ceiling, 200SMA that USD/JPY has not been able to break and hold above it for the past several weeks. How many times did it fail to do so? How about this time? I don't know, ...

USD/JPY Discussion

Yen Gains on Speculation U.S. Mortgage Industry Losses to Widen — Yen Gains on Speculation U.S. Mortgage Industry Losses to Widen By Stanley White and Kosuke Goto July 8 (Bloomberg) -- The yen rose against the euro on speculation widening U.S. ...

USD/JPY Discussion

South Korean Won Advances on Speculation Government Is Buying — South Korean Won Advances on Speculation Government Is Buying July 8 (Bloomberg) -- South Korea's won climbed to a two- week high on speculation the government is intervening to ...

USD/JPY Discussion

The buck doesn't stop here; it just keeps falling — The buck doesn't stop here; it just keeps falling By TOM RAUM, Associated Press Writer Sun Jul 6, 9:29 AM ET WASHINGTON - Things in the U.S. sure are tough. Brother, can you spare a euro? ...

USD/JPY Discussion

You could use Weekely/Monthly SRs (Weekly R1-107.49, Weekly R2 - 108.19, and so on) as a guide. Now that it almost hit 200SMA in the daily chart, a lot of traders must be on the sideline now until it shows a clear direction. Good luck to all.

USD/JPY Discussion

USD/JPY seems to be heading toward 200SMA on the daily chart again. 200SMA is around 107.70 this time. The pair was rejected by 200SMA several times for the past weeks. Let's see if it will break it or will be rejected this time, too. That'll be ...

USD/JPY Discussion

UAE ponders end of peg to dollar — UAE ponders end of peg to dollar By James Drummond in Abu Dhabi Published: July 7 2008 03:00 | Last updated: July 7 2008 03:00 Abu Dhabi's department of planning and economy has re-ignited speculation the ...

USD/JPY Discussion

Goods news for Bears — I know that most of people are expecting USD to rally next week based on the chart, which I tend to agree. It is not surprising to me if bulls say there will be much more room for USD/JPY to go upward. That makes sense ...

USD/JPY Discussion

On the monthly chart — USD/JPY is hovering around a very critical price level on the monthly chart right now...

USD/JPY Discussion