CONFUSION JPY, WHO CAN THEY FOLLOW

Small profit taking in Asia from top 101.30 to 100.90, support from crossrate with AUDJPY lead the market. But when Europe coming EUR get above 1.35 and EURJPY move up follow by GBPJPY, situation change, now JPY confusion and going up a little bit. Now crossrate JPY again secondary currency like AUD,NZD and CAD stay in low and crossrate JPY again major currency stay in high. Where JPY can be follow, I think they can follow secondary currency, my reason is rise in EURJPY limited beacause EUR cann't to strong after Wednesday drop. Second GBPJPY last day move with big range so power to up is limited

ENAUGH AND SHARE TIME

Last day presure by strong GBPJPY, today it is enough for JPY, for this mornig may be can get profit taking enroute 100.80 or may be more near 100.50. It cann't go drop exhaustic down because need to sharing time with EUR. When JPY going down EURJPY also going down and EUR have a small presure. Near 135.30-50 EURJPY can be stop and try up again give room for EUR to going up and make USD weak, so JPY can consolidate for wait continue to exhaustic drop or this day enaugh near 100.00 only

FINNISH FOR THIS DAY

Finnish for this day, for JPY it wait for closing, if the go to 100.30 EUR can be inch higher, but if slowly downside, dificult for EUR inch up. Close under 100.50 is enaugh for top end tomorrow.

THE JPY DAY

Resistance in Asia 100.50 break in early europe, normaly market cann't going down again this day, but in extrim move turn down it can be. Why JPY still move up? It trigger by crossrate GBPJPY, follow by EURJPY and CADJPY. Impact from EURJPY up with JPY up, EUR dificult to run up, only slowly up, may be cann't go to 1.3470 level. When EURJPY and JPY go to correction, now EUR have a pressure down. For get nice rebbound in EUR need deeper EURJPY down or JPY down again. For this day may be it can be benefit day for GBP because is strong in all currency

CAN IT CONTINUE IN EUROPE?

After touch 100.50 no move here, no europe currency buying, no AUD and NZD buying. From crossrate dificult for JPY up, so may be crossrate and JPY can drive market in europe. So I think it time to hold JPY.

LUCKY DOLLAR

Only headline news about ECB interest rate market move, help indeks USD rebound from 80.55 to 81.10 and this morning JPY going up with the USD sentiment. Rise in JPY I think is limited, cann't exit above 101.00, because the crossrate JPY almost drop to all currency. I am still in my opinion "weak USD". This time is only corection in index USD not reversal pattern. I look JPY still make top formation, but for this day I think cann't go again below 100, because the market get focus on chip EUR, AUD and CHF, so the crossrate cann't support JPY going down. For the JPY up side I think crossrate cann't support, because rise in all crossrate limited after last day big drop.

SAY GOOD BYE TO US

Enable to break above 100.21, no efect crossrate to JPY, get a chance to look top a finnish. Below this temporary low 99.78 go 99.00. The story is USD weak.