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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:
JPY
Discuss JPY
i cant retrieve some of my posting on audjpy
how possible
" it will go to 100, but for now I expect it to stay between 92.00-97.00"
b.
Regarding USD/JPY - it sometimes seems a tricky pair, though I trade it anyway. If the FOMC upgrades it outlook, do you see this pair rising for obvious reasons, or falling because of risk aversion via equity declines? Though I suppose equity declines would be dependent on rate hike expectations, which could be the same as an upgraded outlook.
Also, why don't you see it surpassing or reaching 95.00? Is that because you expect risk aversion to set in due to overstretched equities heading for a correction? Thanks a lot!
Ashraf
on a weekly Chart of NOK/JPY we can see 100 SMA resistance and a pair is making lower highs. What is Your opinion on going short if/when risk aversion strikes the market?
Thank You
b.
waiting for CPI transmit
3H
ashraf 9800 9900 is major support in nikkei from there we have the leg up