We do not expect any increase in QE at the next BOJ's meeting (October 30) and no change in monetary policy. At the moment we prefer to trade bearish speculative.
Thanks, signal suisse. I agree with you in long term prediction JPY unit could rises about 40% and USD unit could rises about 20% make this pair fall about 20% to 105-106. I also predict after 2 years rising BOJ will loose JPY unit again for FED ends rates rising cycle, about 2017 OCT or 2018 April. That will push this pair reach 150 level as final target in 2020.
TheAnonymousBanker
⋅
TARGET 1 COMPLETE (H4)!
TheAnonymousBanker
⋅
TheAnonymousBanker
⋅
Thanks for your "I Like"!
MIchaelTran
⋅
why does this short speculative look like a "bull trap" set up and "bear" stop-out? , but thank for your analysis