AdamFx42's Blog

Avatar

USD/JPY back up again, how far will it go?

Usd/Jpy is back up to 102.7 this morning after putting in a scare last night,
when market opened I started to buy Eur/Jpy which fell 60 pips immediately after I opened the position,
the super-thin liquidity in the markets due to the absence of Australia because of a national holiday
was driving the market in steep reclines when Usd/Jpy tested 101.95 support
Usd/Jpy shot all the way down to 101.8 before halting and giving me the idea that this was just the market
Stop-Loss hunting, taking out the…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

USD still gaining strength

Last night saw a huge drop in Aud/Usd after some horrible unemployment data was released,
the majors (Eur, Gbp, especially) suffered a bit, but Usd gained in strength
and was up against all other currencies
The Yen crosses followed up the gains that Usd made against the Yen overnight
Today, during the European and American trading sessions Usd gave back most of its overnight gains
against the Yen, and I decided to buy Usd/Jpy, and the crosses at Usd/Jpy support around 104.2,
the pair only gained…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen