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Old 06-18-2008, 03:36 PM   #451 (permalink)
TaoJin88
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Daily Analysis
Choppy trading to continue
Resistance Support
109.48 - 61.8% r of 117.95-95.77
108.59 - 16 June high
108.40 - 17 June high 107.61 - 17 June low
107.18 - Prev. res
106.56 - 11 June low

USD/JPY - 107.95... Although dlr fell fm 108.28 to 107.61 in part due to
cross unwinding y'day, the pair later staged a strg rebound to 108.40 on renewed carry trade demand (selling in yen vs euro, aud n nzd) b4 retreating again in NY seeion as weak U.S. housing data put pressure on dlr across the board, dampening market's expectation of an early rate hike by the Fed.

UJ is going up, but EU did not rush down :(
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Old 06-18-2008, 04:54 PM   #452 (permalink)
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Originally Posted by TaoJin88 View Post
Daily Analysis
Choppy trading to continue
Resistance Support
109.48 - 61.8% r of 117.95-95.77
108.59 - 16 June high
108.40 - 17 June high 107.61 - 17 June low
107.18 - Prev. res
106.56 - 11 June low

USD/JPY - 107.95... Although dlr fell fm 108.28 to 107.61 in part due to
cross unwinding y'day, the pair later staged a strg rebound to 108.40 on renewed carry trade demand (selling in yen vs euro, aud n nzd) b4 retreating again in NY seeion as weak U.S. housing data put pressure on dlr across the board, dampening market's expectation of an early rate hike by the Fed.

UJ is going up, but EU did not rush down :(
Thanks for your infomations.
U/J maybe cant up much, will see tomorrow, i prepair to short it.
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Old 06-19-2008, 01:33 AM   #453 (permalink)
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Thanks for your infomations.
U/J maybe cant up much, will see tomorrow, i prepair to short it.
UJ will down soon. :)
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Old 06-19-2008, 01:23 PM   #454 (permalink)
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EU is going down now, so great, my trades got big profit today
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Old 06-19-2008, 01:24 PM   #455 (permalink)
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yes after US housing was 17 year lows, USD look to going weak, but how with FED rates expectation to up ?
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Old 06-20-2008, 01:34 AM   #456 (permalink)
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yes after US housing was 17 year lows, USD look to going weak, but how with FED rates expectation to up ?

USD is very confusing now, it's the best that wait-and-see.
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Old 06-20-2008, 01:35 AM   #457 (permalink)
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EU is going down now, so great, my trades got big profit today
Gongratz!
yes, G/U crazy up up up... but E/U down lonely.
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Old 06-20-2008, 01:36 AM   #458 (permalink)
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can sell GU at 1.9720
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Old 06-20-2008, 03:32 PM   #459 (permalink)
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In my opinion, G/U will continue up next week.
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Old 06-21-2008, 01:11 AM   #460 (permalink)
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In my opinion, G/U will continue up next week.
thanks for your remind. Will down I think
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