ewtrader86

Very serious level ahead in USDJPY.

FX:USDJPY   U.S. Dollar / Japanese Yen
133 1 2
I was a risk seller since the turn of the new year. However, I didn't expect USDJPY             to suffer the most. Here we are, USDJPY             below 114. There has been abnormal level of yen volatility during the Asian session. The bottom of the yen pairs is very likely to be a deep V shape reversal as I think it will be stopped by BOJ intervention. The next important level I am looking at right now is around 111.50. Prepare for the volatility and reversal down there.
usually the BOJ intervention is like a cream treatment to a wooden leg! This cross is doomed! In US there are already polls that shows that by the end of 2016, US may go for negative rates! This 4 hikes in 2016 is like a dope dream! My target is 100, if goes through 112 I will add more selling orders. The realistic bottom is 100!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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