It is more due to the policy difference of Japan and USA. Inflation is around 0.5 % in Japan.
And just spoke director of bank of Japan. That caused the rise.
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USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedIf current high of the day is broken then it’ll probably head higher first to eat all stops above 125.75 before dropping, lets seeIgnored
Disliked{quote} Hi mate! What a pair these last weeks. Making 19 years new highs. and if it continues at this crazy rate, we'll make a new 20 year high by the summer. Fun pair for trend traders indeed! A few significant weekly resistances at these levels here, so a correction could theoretically happen at any moment. Nice to see you are getting your toes wet in that possibility. A good return under the low of this 4H would be also a return within Monday's resistance, and could be a nice tiny first step, now wouldn't it. Very happy with this...Ignored
DislikedJapan finanse minister say FX move ( this 20 years low) problematic So fasten your seatbelts im only selling this shitIgnored
Disliked{image}With shorts cautiously, we will probably go to 130 before it fallsIgnored
Disliked{quote} Okay so as expected we had a short squeeze and many stops were taken out, i see the top being anywhere from here to 126.40, its very important for me to see a bearish 4hr candle for confirmation edit: according to my numbers, 126.31 should be the highIgnored
Disliked{quote} https://www.forexfactory.com/thread/...3#post13967663 for 2 hours gold did not move, kindly blow your nose so it can moveIgnored
Disliked{quote} The last 3 candles on hourly are indicating a near drop, lets see, I have taken few positions and waiting for action nowIgnored