Yesterday 24 hour Trade sent and traded yesterday at 4:00 pm EST
Short below 142.96 to target 141.86. Levels: 142.74, 142.52, 142.30, 142.08, 141.86
Long 141.86 to target 142.05
Lows today 141.83, Highs 142.89
Vs BOJ
Bottom 141.63
BOJ 142.49 and 142.78 included in the 24 Hour trade from yesterday as well as today’s 7 hour trade.
Brian Twomey
7 Hour Day Trade Today Vs BOJ Levels.
Upside 142.49, 142.58, 142.67, 142.76, 142.94, 143.03, 143.12
Bottom 141.68 achieves by 141.86, 142.04, 142.33
Upper Target 143.12
Continuation Fail 142.76
Lows today so far 141.95, Highs 142.90
Vs BOJ
BOJ short term Range for USD/JPY 141.63 to 143.64. and 2 vital Points: 142.78 and 142.49
Brian Twomey
The BOJ offers short and long term exchange rate levels. TONA is the new JPY Tibor and employed as the new Swap Rate for 30, 90 and 180 days. Most vital for Swap purposes is 30 and 90 day.
BOJ short term for USD/JPY 141.63 to 143.64. Levels are derived from USD/JPY market rates to BOJ market rates. Never recommended because market rates are never correct. For example, Statistics says 142.22 minimum target while BOJ has 142.78 and 142.49. The BOJ most probably intends 142.78 and 142.49 as vital break points rather than targets.
Overall, the BOJ is reliable for trade purposes as traders won’t ever lose money.
High side and very long term, 156.23, 153.70, 150.73, 149.34, 148.16. Massive overbought USD/JPY won’t see such exchange rates trade.
Low side below 141.63 as follows: 137.31, 136.23, 134.98, 132.36, 130.23.
Brian Twomey
Tianzuida ON TRADING 