USD/JPY – Who can stop the bulls today and where?

usd-jpy

After FEDs decision to end its QE3, BOJ last night shocked traders by increasing its already-massive Quantitative Easing program by another 30 trillion yen per year. USD/JPY fly today like a rocket and looks like there is no end!? I can’t remember such a daily gain on the USD/JPY of more then 300 pips. Who can stop this pair and where? 112.50 maybe!? How do you see this traders?

Advertisements

6 comments

  • Great stop prediction Mario. 🙂 Wow!

    Like

  • Nice setup for long before Fed Mario. This is 7 year high for this pair and 113.75 is in sight. 🙂

    Like

    • 🙂 Tnx! I think this is it for this week, like I said 112.50.

      Like

      • 112.47 high today. Very precise.

        Like

  • Just like you said before before FED, USD/JPY was technicaly ready to fly, BOJ just boost it. This pair was amazing opportunitie for long. 😦 I didn’t use your suggestion, fck.

    Like

    • Clear technical analysis, FED decision and surprise from BOJ. What can I say, this is what we all are waiting for on the market, right!?

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s