Comments on: USD/JPY up as Nikkei recovers on corporate tax cut talk https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/ The Professional Source Thu, 26 Sep 2013 04:06:48 +0000 hourly 1 By: Abdullah Hussain https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30137 Thu, 26 Sep 2013 04:06:48 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30137 I Just read this article by Dukascopy (http://www.fxstreet.com/analysis/trade-pattern-ideas/2013/09/25/) and based on their charts and points, this pair is still Bear according to their plotted trendline, as long as we dont pass the 99.2-.25 Region today.

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By: Abdullah Hussain https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30135 Thu, 26 Sep 2013 03:22:48 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30135 thanks for the info, i also believe that the US news should be more weighty on this pair, but its better to get an experts opinion in order to better prepare myself for tomorrow! thanks Sean, GoodNite 🙂

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By: Sean Lee https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30134 Thu, 26 Sep 2013 03:18:30 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30134 I’d only be guessing Abdullah but USD negative story re budget will probably out-weigh Yen bearish story re Abenomics so my bias is to sell rallies. But I haven’t really been trading this pair so no strong feel for levels

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By: Abdullah Hussain https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30133 Thu, 26 Sep 2013 03:16:12 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30133 In reply to Sean Lee.

Hey Sean, wanted to ask something else, ok the Nikkei futures hit 14750, a sort of self fulfilling prophecy, if it was going to go any where north, that was the Stop, ok, so the tax cut talk, and Japans public pension fund reform council announcment made the Yen much weaker collectively, and the pair reached over 99 briefly, but once the GBP news is released today, if its strong. And the Crap USD jobless claim numbers that should be quite higher in my opinion, in that case, how low will we go? Or do you think we will only go up from here? (Sorry for the duplicate posting and Im probably going to pass out sooner or later)

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By: Abdullah Hussain https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30132 Thu, 26 Sep 2013 03:13:59 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30132 In reply to Abdullah Hussain.

Hey Sean, wanted to ask something else, ok the Nikkei futures hit 14750, a sort of self fulfilling prophecy, if it was going to go any where north, that was the Stop, ok, so the tax cut talk, and Japans public pension fund reform council announcment made the Yen much weaker collectively, and the pair reached over 99 briefly, but once the GBP news is released today, if its strong. And the Crap USD jobless claim numbers that should be quite higher in my opinion, in that case, how low will we go? Or do you think we will only go up from here?

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By: Sean Lee https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30130 Thu, 26 Sep 2013 03:05:09 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30130 Take the windfall and go to sleep Abdullah, tomorrow is new day 🙂

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By: Abdullah Hussain https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30127 Thu, 26 Sep 2013 02:46:58 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30127 OMG…Sean…this is CRAZY…TAX CUT TALK….I remember what you said, sometimes the trades don’t go your way, so I went with my Instinct that after 98.26 when we hit 98.3 I placed some long trades, Little did I know what was going to happen, and BAM, 60pips…THANK YOU MR. ABE!!! Sean how high will we go before we come back Down. Its almost 11pm here in Canada, usually I like stop trading at 8pm, But i keep track of this pair Constantly, Don’t think I will get much sleep tonight!

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By: fxgai https://fxww.com/usdjpy-up-as-nikkei-recovers-on-corporate-tax-cut-talk/#comment-30126 Thu, 26 Sep 2013 02:38:50 +0000 http://381c099c8f.nxcli.net/?p=10715#comment-30126 Abenomics lives. Mr. Abe apparently rang the closing bell over at the NYSE overnight. I wonder whether Abenomics can steal the focus from the US political shambles?

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