USDJPY Analysis 3.9.2024 | Forex Factory

  • USDJPY Analysis 3.9.2024

    From youtube.com/getknowtrading

    Today you will see USDJPY price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDJPY. What to expect where the price will breakout for the USDJPY based on the supply and demand zones.
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Whatevs
Mar 10, 2024 5:37am
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USD/JPY is on the way to below 140 if Wage Meeting confirms that BoJ will hike rates this month. Wage Talks are this Wednesday (13th). Every pair should drop around 1500 pips from the high if BoJ raises rates this month and I'll make sure I catch every pip of that drop.
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Expo33
Mar 10, 2024 2:25pm
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Quoting Whatevs
USD/JPY is on the way to below 140 if Wage Meeting confirms that BoJ will hike rates this month. Wage Talks are this Wednesday (13th). Every pair should drop around 1500 pips from the high if BoJ raises rates this month and I'll make sure I catch every pip of that drop.
Rate has been -0.1 for 8 years and the BOJ hasn't raised rates in over 2 decades. The chance of them raising this month is somewhere around 0%.
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Polimini
Mar 10, 2024 2:36pm
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Quoting Expo33
{quote} Rate has been -0.1 for 8 years and the BOJ hasn't raised rates in over 2 decades. The chance of them raising this month is somewhere around 0%.
i guess you can say that about everything that lasts this long, but things are going from bad to worst in Japan, if they don't do anything it's just insanity. Not that raising will solve everything, but it's better then the alternative at this point.
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bel3ouchi
Mar 10, 2024 4:12pm
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Japan must open door of immigration
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Whatevs
Mar 11, 2024 4:23am
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Quoting GuideMe
{quote} what about Japan gdp? It will effect or not
GDP won't affect the decision made by BoJ.
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GuideMe
Mar 10, 2024 9:56am
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Quoting Whatevs
USD/JPY is on the way to below 140 if Wage Meeting confirms that BoJ will hike rates this month. Wage Talks are this Wednesday (13th). Every pair should drop around 1500 pips from the high if BoJ raises rates this month and I'll make sure I catch every pip of that drop.
what about Japan gdp? It will effect or not
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