Trading -AUD/USD

Closing the trade at 1.3490 (+30 pip profit), I am receiving mixed signals from the Euro and the Yen.

 

Just bought USD/JPY at 99.20.

Pretty sure the Yen is going to go up after the GDP report.

(Copycat traders, trade at your own risk, the Yen is a serious beast !!!)

 

Congrats!

 

bought vs. up?

 

Yes the USD/JPY pair is often simply called the Yen.

 

bought more at 92.83

 

Really? Thought when someone says yen is going up, it means yen is strengthening against the US dollar?

 

Easy, easy, Visaria

 

No that means the USD will gain in value against the Yen, so the same dollar will now buy more Yens.

 

anything happening?