Archives

is the Sun going to set or rise in Japan (aka the Land of the Rising Sun)

CLIFF NOTES: for the reasons shown below, 102.70 is the KEY level for the USD vs JPY. If we exceed this level, then believe the USD will begin to soar again vs the YEN.   Going to try and work thru the entire “Elliott is good // Elliott is bad argument” by simply saying when […]

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USD vs JPY redux

folks, I’ll say it once, I’ll say it again … PATTERNS PATTERNS PATTERNS.  Check out this post on the JPY and then compare everything that has happened … they help you manage risk and therefore they work: relative strength of GOLD vs the USDJPY importance so, where are we now?  let’s take a peak.  first chart […]

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Yen … ramifications of this pattern are big

CLIFF NOTES: let’s face it .. 2014 had been a complete YAWN w/ regards to the USD vs JPY cross.  It completed a 5 wave move up into the 105.50 and now’s it’s been correcting in a rather less than volatile way.  Things are NOW interesting.  Again, PATTERNS PATTERNS PATTERNS is what this blog is […]

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YEN is about to get really interesting …

CLIFF NOTES: 99.40-99.80 is where we “should” see some support come in … take a review at the charts below.  as you can see we have finished 5 waves up at the 105.40 handle.  (note, see this chart below as the 5th wave was completing we were calling for it) so, since we have finished […]

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relative strength of GOLD vs the USDJPY importance

a line in the sand was drawn at 75 in the USD vs JPY when the BOJ, after the horrible tsunami, said – enough is enough this is where the buck stops! the rest is history and a big KABOOM occurred. everyone and the brother can see the coiling occurring w/in this very important currency pair […]

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