USD/YEN up +7% since 3/27

CalvinLe55

Member
51 0
Currencies - Japan's new Prime Minister Shinzo Abe to revive a stagnant economy will push share markets up. USD/JPY will follow long term cycle as more will go back into buying stocks bolstering prices. It seems the U.S Dollar and Yuan will be the strong currencies in 2013 - 2014 period. Keep buying the U.S Dollar more month after month, and December calls are fine too. Every time I have sold EUR/USD I have made money regardless the time frame. Overall picture is long term keep buying more month after month.

The effect of the first sentence means that their citizens will back out of the YEN to buy into the Nikkei 225. :clap:
 

up-down

Member
63 3
Currencies - Japan's new Prime Minister Shinzo Abe to revive a stagnant economy will push share markets up. USD/JPY will follow long term cycle as more will go back into buying stocks bolstering prices. It seems the U.S Dollar and Yuan will be the strong currencies in 2013 - 2014 period. Keep buying the U.S Dollar more month after month, and December calls are fine too. Every time I have sold EUR/USD I have made money regardless the time frame. Overall picture is long term keep buying more month after month.

The effect of the first sentence means that their citizens will back out of the YEN to buy into the Nikkei 225. :clap:

Maybe out there someone offload Yen massively, that is the reason, but who?
 

scose-no-doubt

Veteren member
4,630 954
I been out the game for a long while now. Carry trade blown up or something?
 

betman

Junior member
33 0
Do we think there will be a retest of 100 this week? Or is there likely to be a ratracement, and if so how far??

98.80 - 99.00 Seems to holing up well so far offering decent support..
 
 
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