Today I’m going to show you where I think USDJPY is going in September and why. We’ll also look at the JPY index and how today’s price action may affect the yen pairs next month. The Japanese yen was a challenging currency to trade all month. It’s one reason I focused most of my attention on non-yen pairs. However, August is finishing with an intriguing move from the currency. You have to be careful with end-of-month moves, but the pattern I’m seeing from the JPY is broad and consistent. In other words, we can see similar movement in pairs like EURJPY, CADJPY, and even CHFJPY. And that’s reflected in the JPY index I ... (full story)