jangseohee

QE can come from anyway, not limited to USA

FX:USDJPY   U.S. Dollar/Japanese Yen
129 3 8
2 years ago
"One man's loss is another man's gain" is the first thing that i could think of when news of JPN             central bank increase their QE             again.
By weakening own currency to boost company's earning ( stock ) or boost US dollar             , or more strategy they have own in their sleeve, i learn a lesson from here.

QE             not necessarily must come from Mdm Y, today JPN             had one, perhaps CN or Europe will follow suit.

Having say that:
Using the last high from 2007, we have the price approaching the monthly 76.4 retracement @112.657

I anticipate two scenarios (out of others):

Path 1. price will just break the resistance like nobody's business and go all up to test 124.130 OR
Path 2. price will pull back to highlighted region (99.823 - 105.559) before continuing the uptrend
4 months ago
Comment:
snapshot
jangseohee
8 months ago
snapshot
Reply
jangseohee
8 months ago
snapshot
Reply
jangseohee
4 months ago
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out