108.1! image

USD/JPY Discussion

I attributed it to people buying in before the release. Heavy buying sometimes creates a nice dip. Looking at 108.10 for a bounce Word of caution... with everyone expecting a cut.... This would be a great time for Money Makers to short the hell out ...

USD/JPY Discussion

This is interesting...... July 31st.. Last cut. Look at chart leading up to the day.. and after on the Friday after when news came out. image Now... the present....... image

USD/JPY Discussion

I think so too. I have a theory I am working on that this chart STARTS it's move a week before the decision. This has been true of the recent ones, but it is still something I am watching before I put my thumb on it. Also, we are above the bottom of ...

USD/JPY Discussion

Just barely enough to scalp. If no cut comes we are going to range for a bit IMO.

USD/JPY Discussion

Overnight offered up ONE trade to bears, and ONE trade to bulls. As I said when we didn't claim 108.2 last week.. Interesting days approaching FOMC. The Yen gapped twice. The second one gapped the UJ. The first Yen gap is closed. Perhaps today the ...

USD/JPY Discussion

Flight to safety? Dollar is still king for now. Gold showing a little love, but we need Yen to get under overnight lows to really move imo. Looking good right now.

USD/JPY Discussion

Weekly closed and opened above near it to pop above the trendline. This appears to be a retest of the trend line. image

USD/JPY Discussion

I agree, with one cautionary piece of advice. It may be seen as a stabilizer to the dollar. Also the Yen has been driving this pair recently. Independent of the dollar. So while your logic is sound, there are other factors imho

USD/JPY Discussion

Ahh, ok. I don't see gaps though. Those look like candles to me. Some parabolic, but candles none the less

USD/JPY Discussion

huh?

USD/JPY Discussion

Yen gapped up! If it follows the rules.. the gap fill will push the UJ up IMO. We just crossed a key area of S/R. Had it moved up without the gap it would have sent us back down for the night, but this development could change all that. Asian Open ...

USD/JPY Discussion

Deja Vu. Prez's 108 close stop good again today?? Broke Trend line on 5m.. retest then drop? image

USD/JPY Discussion

1hr Yen Chart... Cleared the 0% then bounced off of it. Cleared the 24% (most use 25%), then bounced it. If this structure continues, 42 (Industry uses 38%) should see similar action. image UJ 1hr second day it closed above an SR level I drew ...

USD/JPY Discussion

I doubt it will be outright. Perhaps a reprieve until the election. They did say interim deal . White house already pushing back a denial. 5 independent sources though.... allegedly

USD/JPY Discussion

Surprise Surprise... Bloomberg reports possible rollback of tarriffs, and a possible interim deal being discussed in white house.

USD/JPY Discussion

AUDUSD looks like it was a buy from 66740 to 70775 image

USD/JPY Discussion

Well look what comes out tomorrow... image And Friday... image If we get up to 109 This week, the dovish FOMC cut should send us down a little next week (which answers my earlier curiosity.. pays to zoom in), and if it rocks back and forth like ...

USD/JPY Discussion

Good ol' Technicals. That which has happened will happen.. Heads will become shoulders, and shoulders will be heads. This is a Daily UJ image Also... Jpy which has lead the charge up by dropping. . image Now by EOD we should have some sort of ...

USD/JPY Discussion

CLUTCH!

USD/JPY Discussion