BOAFX
Short

USD/JPY LONG TERM SELL OFF

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
We have been waiting for an opportunity to get into the USDJPY             for a short for a while. We had hoped the USD rate hike would have given the opportunity for a price around 125.00 but that didn't materialize. By all intensive purposes the USD bull run is over and the rate hikes of 2016 are priced in the slow down in China is causing investors to look for safe haven flows such as the JPY and with the Japanese economy apparently showing signs of recovery we can expect a return to a more sensible price against the USD I would suggest 10600 by year end and possibly 9600 by mid 2017. http://bankonadam.com learn to trade like a pro for free!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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