USDJPY? Next 3mo

18 feb 2024

I think:

USD$ will put Yen to the burners.

Why?

Interest rate maintaining will drive into $, which the next revision will only be done in May or June [that is if..rates going down]

Since Jan ; we had seen a 10% move

Another 30% from here for 3months = Near 200.0000

Should



.. side notes/ will also drive flow into DOW NAS

What do I expect?

Should we support Yen? No
They had been enjoying good numbers for 10-15 years[ averaging 120.0000]. I don't think BOJ will be doing anything upto 200.000 level.

I am not your guru.
Don't trust me

If you are trading on 1.000-3.000 points this is not for you.
The range will be wider and for swinger.

There are more qualified analyst out there. This idea just pointers; which could enhance or deduce your original idea.

I wish you magnitude of profits, so you shall make others happy. Your fam your community your friends.

All the best.

From Malaysia