DislikedLong... Small lots since there is a lot of noise from the island. {image}Ignored
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USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedLong... Small lots since there is a lot of noise from the island. {image}Ignored
DislikedLong... Small lots since there is a lot of noise from the island. {image}Ignored
Disliked{quote} With the decline in US dollar interest rates, they are probably selling a large amount of dollars and taking profits. Even though the interest rate differential is narrowing, it is incomprehensible that American interest rates are much higher. (Even if you have Japanese yen, there is no interest attached to it, so it is meaningless.) I would understand if the Japanese yen's interest rate reversed that of the US dollar. The market is looking too far into the future, and I think the value of the US dollar will rise even more than it is now,...Ignored
DislikedWatch weekly chart, usd/jpy failed at 152.00 level, long term resistance. Then, 4 down bars. Long-term range 127 -- 152 is confirmed. Fundamental factors are in weekly chart. Big guys trade big chart.Ignored
Disliked{image} Had a good session so far scalping the Yen pairs. Kept some positions open for long-term. if the 141-141.50 zone stays unbroken in UJ, maybe we can see 146 next week.Ignored
Disliked{quote} Haha i wanted to enter at 08 but i running out of margin. hopefully my 34 can hold.Ignored
Disliked{quote}UJ has been rentlessly crushing it is just so scary to enter long now.... i wanted to hold my long but it turn from 1xx pips green to now red and even SL i just dun understand what causing this. perhaps market are scared as well of yen n usd.. its a wild horse nowIgnored
Disliked{quote} thanks but im thinking of close it get the profit n try to reenter later. but the price might not be that good. u closed that 08. abit wastedIgnored
Disliked{quote} Haha i wanted to enter at 08 but i running out of margin. hopefully my 34 can hold.Ignored
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Daiwa Securities, Mitsubishi UFJ Morgan Stanley, Nomura Securities and T&D Asset Management said the BOJ would end its negative interest rate policy at the January 22-23 meeting.
Mitsubishi UFJ Morgan Stanley, JP Morgan and ZKB predicted the BOJ would abandon its yield curve control (YCC) policy in January. Daiwa Securities foresaw the BOJ tweaking YCC again, raising the long-term interest rate guidance target and retaining the policy's framework to avoid a sharp rise in long-term interest rates.
Downtrend is set
DislikedWith USD weakness and Yen strength, Via the latest Reuters poll on the Bank of Japan outlook, main points: BoJ will begin to unwind ultra-loose monetary policy in January, 21% of economists say. BoJ will end negative interest rates in 2024, 84% of economists say in their end-quarter forecast; from 71% in Nov poll and 54% in Oct poll. 88% of economists say BoJ will end yield curve control policy; 12% say BoJ will tweak YCC again. BoJ deposit rate to rise to 0.00% or 0.10% by end-Q2 2024, say 28 of 42 economists; two say 0.25%. *** Daiwa Securities,...Ignored