TheSessionMaker

SPY:USDJPY Weekly Comparison

FX:USDJPY   U.S. Dollar / Japanese Yen
1
Wish there was more data on the weekly chart, but an interesting look at the strong negative/positive correlation relationship of the Yen and the SPY . The only thing I can really deduce from this, based on the period between 2005 and 2008 is watching for USDJPY to top out slightly ahead of US equities. May serve as a solid leading indicator for a trend change.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.