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Forex Forum to Share, Discuss, Communicate and Trade Forex • COZfx: USD/JPY gains on solid US jobless claims report
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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Tue Dec 01, 2015 2:50 am
by Waber
I was expecting and hoping for a touch of 122.00 but the price never quite made it that far before turning around. We have now exceeded 123.00 and happily there seems to be a new resistance level at about 123.25 that should be a good place to catch a bearish reversal, if it happens.
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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Tue Dec 29, 2015 5:24 pm
by Boshka
The USD/JPY trend is almost flat, which is quite unusual for this market. I expect the familiar up trend to come back soon and prepare to open a buy here.

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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Wed Dec 30, 2015 11:19 am
by Boshka
The beginning of an up trend has finally appeared. I stick to my plan and not going to close the deal in the near future.

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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Fri Jan 01, 2016 5:01 pm
by Boshka
I'm still staying long on this market and I think the situation will remain the same on the USD/JPY market.

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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Sun Jan 17, 2016 11:36 am
by Boshka
The USD/JPY was acting in the lower area during the end of the week and I guess the chart will continue going down next week. I'm preparing for selling.
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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Mon Jan 18, 2016 4:18 am
by Boshka
The USD/JPY went a little bit higher and it's going to make a pivot. I'm opening a sell with wider stop-loss just to be on the safe side.

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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Thu Jan 28, 2016 5:22 pm
by orni308
prices of USDJPY has been down but there are strong bullish signs. The data release from Bank of Japan might make this pair more volatile.

Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Sat Jan 30, 2016 9:27 am
by Waber
The USD/JPY went up sharply during the end of the week, heaving reached the beautiful level of 121.12. I guess we'll see an up gap at the opening.

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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Thu Feb 11, 2016 2:48 pm
by Waber
The force of this downwards trend has been immense and we are now in sight of 110.00 which was the base of the previous huge upwards move this pair saw late in 2014. I suspect that if/when we get to 110.00 the price will settle down as it will be a kind of natural support.
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Re: COZfx: USD/JPY gains on solid US jobless claims report

PostPosted: Thu Feb 11, 2016 2:53 pm
by Waber
Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 113.98.
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