short the eur/jpy @ 142.40

uk numbers seem to get gloomier and gloomier these days, with only exceptions like last christmas sales surprising.

i would only expect a bounce based on technical oversold conditions or if oil starts to rise again.

the thing that's stopping me from taking a position with conviction is that usd/jpy and eur gbp /usd all seem to want to go down, however the usd/jpy is being forced up due to eur gbp weakness. short the eur/jpy gbp/jpy? i'd have to wait for some more momentum before taking a solid position. meantime, i'm just scalping the gbp/usd.

gbp/usd currently at 1.7355

 

as oil and gold attempt reversals so do the currencies. (sorry for the vague brevity)

 

EURJPY is a major sell this week
1.4320 should head to 1.390 area

 

Short at 142.615

-Kastro

 

i'd probably wait for confirmation one way or the other... and then look for a strong move from there. the usd/jpy seems poised for a breakout so.... (118.20) i bought in usd/jpy around 117.74

 

I think U better Short here 118.60 area

 

1.73 to 1.7280 should north
Expecting 1.7550

 

Might see it 116.80 this week

 

What makes you think that? Just curious...

-Kastro

 

any find the chart OK?
Thanks