Usdjpy

Be wary of carry traders for the weekend. Price action at this moment in time is looking distributive. Equilibrium level is 121.20's. Will buy anything in the 10's.

 

unloading of yen crosses should add some pressure to both EUR/USD GBP/USD USD/JPY

 

short @ 121.38 SL 25 pips

 

covered. wall street warriors comes on HD TV tonight 10:30 am est USA time.

limit sell 121.55 SL 25 pips.

 

cancel sell, USDJPY---> 125, Nikkei breaking overhead resistance.

 

usdjpy will come under pressure the negative sentiment in the us equity market should curtail Asian markets, with exporting components in the nikkei taking a hit.

sell @ market with 20 pip SL

 

120.00 test.

 

chart looks horrible in this pair. 118.20 target.

 

retail sales out in about 8hrs. Will sell anything above 121.50, with the recent high plus 20 pips being the stop loss. Looking for target of 118.20.

Will scale in based on how the trade is looking. Double top pattern print possible.

 

JPY retail sales implies higher USDJPY buy stop at highs.