what's the future like for the YEN?

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Author	Message
Anonymous	# Posted: 1 Jul 2008 08:50 Reply Hi, i'm not an expert on issues like this, but with the little i know, i see the yen being weak against the USD and relatively weak against the GBP. I'll like to hear from others on this issue as i earlier said i'm not an expert and will therefore like to be corrected where found wrong. George __________________
TomAdmin Admin	# Posted: 1 Jul 2008 11:51 Reply I just looked at the chart of the JPY/ USD and the long term chart looks constructive.... it has a long term trading range but it did a premature breakout and is now consolidating... So at least on the 5 year chart it looks good going forward... I think the common theme we will see going forward is generally more strength of other currencies versus USD and JPY is no exception. __________________ http://www.Bestonlinetrades.com
Anonymous	# Posted: 25 Jul 2008 02:04 Reply Yeah Tom you are absolutely correct. It depends on long term not on short term. You will have deal with USD and GBP. Yen will cross or at least reach them. __________________
Johnselvi Member	# Posted: 25 Jul 2008 02:07 - Edited by: Johnselvi Reply Tom you words are perfect. Long term goals can take time so no comparison between Yen and USD in short term goals. __________________ http://www.onlinetradingrebel.com

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