Does the Usd/Jpy have any gas left in the tank to break the all important Phsychological 100.00 level?

In the last several months we have seen a relatively painless run from the 76 handle on Usd/Jpy. A few days ago the new BOJ Governor, Kuroda says that they have ‘done all that is necessary and possible for now.’ I hear a comment like that and it gets my attention as it also grabs the attention of the market. If you notice that comment comes out just as USDJPY is testing and failing what many in the market feel ( and I agree) is at a huge technical level, 100.00 Remember this move from the 76 level was without a doubt hugely if not entirely driven by the premiss, the promises, and now the initial execution of a monumental […]
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Introducing Our New Currency Ninjas Blog

Hello and welcome to our new blog. I’m a full-time Forex trader, a year and a half ago, I launched CurrencyNinjas.com with the goal of helping aspiring traders to see the market the way I do and become consistently profitable. Early in my trading career, I was fortunate to receive tutoring from a successful trader, so I know how critical this can be to providing focus and speeding up the learning process. To date, CurrencyNinjas has introduced an education program, a live trading room and a swing trade service. We have lots more ideas we’re working on, and we’ll tell you all about them when the time is right. For now, we’re extremely pleased to launch our blog as it […]
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