USD/JPY - Change Of Fortune - 11/22/2016

FX:USDJPY   U.S. Dollar / Japanese Yen
58 0 3
If US president elect Donald Trump is serious and capable enough to change the Tax code then of course companies will repatriate the income stashed abroad and that will help equities ( more buybacks, what else they can do anyway ! ;) ) and US dollar             gain more. If things don't go as planned and because of some inadvertent event, equity starts melting down from historic high, then also US dollar             tends to gain. So in short US dollar             has some serous momentum behind it and we need to keep that in mind. Also we need to be aware about present treacherous trading conditions where things can change overnight.
Betting on the further rise of USD/JPY             is ok but we would like to enter at appropriate level. On a short term bases, we are looking at 109.50 and 108.50 as better support levels to buy.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out