Fundamental Analysis Strategy

[anne_81]

Yen
The financial market crisis was also a determining factor for the yen exchange rate in the past few weeks. Versus the USD, the 100 yen mark was broken through, an event last seen 13 years ago. Versus the euro, the development was less dramatic, but even here the yen managed to advance. The growing insecurity on the financial markets is particularly supportive of the yen, because this is also reason why riskier positions financed in yen are being closed out. Over the short term, nothing much will change, but in the medium term, we believe that there will be further gains by the Japanese currency mostly vs. the euro.

It remains to be seen how far the weakening of the US economy will affect the Japanese economy, overall though, we perceive good chances that any impact would only be a temporary slowdown.

What is your opinion about the yen?

hi there, first time lurking in here..
my two cents opinion about the yen and the economic outlook as a whole is the US slowdown will eventually affect other major economies, especially Japan is among the most vulnerable in relative terms to weaker US demand. Japan is a very much export-driven economy. Thus i think any intervention by the BOJ is very likely to stem the yen from continue rising.

On the other hand, the woe is the dollar, so i think the tone right now is to sell USD/JPY on strength towards 95.xx something..

 

[bdrlshm]

ayitin69, good information, however is there any updated news which you can post here at least we could here something that is quite relevant at this point of time.

Please comment on the current market trending based on each of the currency that you have described before, your valuable opinion is very much appreciated.

Looking forward to your reply soon.

Thx

 

[cipotit]

macam mana analisis arini? ok ker?

 

[xaxin_x]

USD cm ok jer arini..

 

[magua]

Sorry harrybanes, I'm not from Malaysia so I can not write in Malay...

nice to know you ayitin69.

 

[jeffsmith]

The present market crisis has amazed the people trading in this market. They are waiting for the market to come back to its position but it looks that people trading in this market will have to wait for the stability of the market.
EUR/USD intraday: key ST resistance at 1.27.
Pivot: 1.27
Our preference: Short positions below 1.27 with targets @ 1.25751 & 1.253 in extension.
Alternative scenario: Above 1.27 look for further upside with 1.28 & 1.285 as targets.
Comments: The pair remains below a short-term declining trend line.


GBP/USD intraday: key ST resistance at 1.51.
Pivot: 1.51
Our preference: Short positions below 1.51 with targets @ 1.495 & 1.4895 in extension.
Alternative scenario: Above 1.51 look for further upside with 1.522 & 1.5375 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.51.

USD/JPY intraday: capped by a negative trend line.
Pivot: 97
Our preference: Short positions below 97 with targets @ 96.35 & 96 in extension.
Alternative scenario: Above 97 look for further upside with 97.75 & 98.25 as targets.
Comment: the RSI calls for a new downleg.

 

[abu85]

he not a malaysian guy.

p/s: mamat ni bukan org malaysia. cakap je bahasa Inggeris.

could you write in Malay.. heheh..

 

[abu85]

hello... im usually used the FA looking at the Stock price market expecially DOw and some country index...for the first picture i analyse..

so i use my TA along with FA which direction are there qo without any conflic both of TA and FA

So for new coming news... i Just rethink again what happen in the pass and find some economic data to stimulate my decision... usually PO buy and sell hehehheh...

Such speaking news (annoucement) i just look 5 minute later whre does the trend go...

Ok that all...

Hmmm OK ker BI aku Ni... hahah...

hancus,...

 

[mustang rider]

he not a malaysian guy.

p/s: mamat ni bukan org malaysia. cakap je bahasa Inggeris.

kalau ada yg boleh translte dalam bm lagi bagus kot?

 

[kir]

Baru jumpa thread pasal FA....dh menyepi plak....