JPY Talk

From the FXWW Chatroom: WP..  Jpy – Short term techs all look positive for JPY crosses (well ahead of BOJ meeting) – GBP/JPY.. following break of Gbp136.10 targets 137.67 – note my ichimoku cloud comment from 10 days ago which disappointed with the cross hugging the deep cloud base with top at 146.36. In EURJPY our traders suggest If 116.00/30 breaks..opens up 118.00 and note 21 and 55 day m.a have crossed or just about to cross on EURYEN, GBPJPY, USDJPY.. very bullish signal…Keep an eye on 103.45 the cloud  base in USDJPY setting up 105.18. Mkt all getting short on JPY into key BOJ meeting – a large danger signal.

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