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- Qwiksilver replied Jan 10, 2014
Looks like another dead cat bounce topping in the 104.2x range. I'm hoping for one more stab down through 103.80 to new lows for the day. If not now, later this afternoon we should see some new lows as people run for the hills prior to NY session ...
USD/JPY Discussion
- Qwiksilver replied Jan 10, 2014
I feel like this is the perfect storm brewing. I can see today getting down to the 103.50 'ish range. That's the next big support. If it falls through that (especially today), well, let's just say I wouldn't want to be long the dollar on this pair.
USD/JPY Discussion
- Qwiksilver replied Jan 10, 2014
What we have here is a dead cat bounce. Being a short term trader, I am glad I am not long going into a weekend on this kind of news. I don't think even Abe and his minions can hold back the Yen from strengthening against the USD. A correction is in ...
USD/JPY Discussion
- Posts by Member Search: 'Qwiksilver'