please i have been having a seriuos headache forecasting the direction of these yen pairs in relation to upcoming news. my observations are that of recent
1.yen pairs have always been on the uptrend, all of their downtrends have been shortlived. even if JPY releases a news that favours it, i still do not see any significant downtrend in the yen pairs.Please any yen sapecialists out there ? what must be responsible for these anomaly ? please expansiate, is it because of the interest rate differential ? even if it is , wnat of those periods they went thru a long term downtrend ?
1.yen pairs have always been on the uptrend, all of their downtrends have been shortlived. even if JPY releases a news that favours it, i still do not see any significant downtrend in the yen pairs.Please any yen sapecialists out there ? what must be responsible for these anomaly ? please expansiate, is it because of the interest rate differential ? even if it is , wnat of those periods they went thru a long term downtrend ?
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