USD/JPY Discussion

closed Friday all the sells. Took buys on GU Thursday night for a win. Kinda wish I switched to buys on Friday

157.8 - 158.4 ?

buying here

trying to Buy

Closed buys. Couldnt get the day to flip back bullish and if this day closes this bearish could continue to 154.8

Targets hit

I am shorting USD/JPY for the second time today. The first time, I closed it because the fractals sign appeared, but the rebound was weak, so I shorted again. The second time, the target is still on, but the two combined have exceeded 130 pips. The purple is the Ma of H4, but I will continue to leave it alone unless it reverses.

SMBC Nikko Securities believes that the likelihood of "high interest rates, a weak yen, and high stock prices" has increased further following the Liberal Democratic Party's single-party victory in the House of Representatives election, which saw the party win more than two-thirds of the seats. As Takaichi's administration's policies move into the implementation phase, concerns about increased government bond issuance remain, and the bank believes that long-term interest rates are unlikely to fall. Regarding the foreign exchange market, the bank predicts that the yen's weak trend will continue due to yen selling flows driven by actual demand and real interest rates moving into negative territory due to prolonged inflation. Given that future corporate earnings have shown enough strength to absorb rising interest rates, the bank expects stock prices to rise even with high interest rates.

What I see Usdjpy will be going to 164 but Who knows..

in sells looking for 152

and stoped out QUICK

Target hit

It is unclear whether this has reached overseas investors, but there has been a lot of news recently about Japan's debt ballooning to a record high of 1,342 trillion yen. This is a fundamental factor, but even if the interest rate differential narrows, the dollar will likely strengthen (the yen will weaken) given the country's national strength.

https://www.nikkei.com/article/DGXZQ...6A210C2000000/

Target hit