piptank
Long

Long Yen ahead #BoJ decision on interest rates $JPY $USD #forex

FX:USDJPY   U.S. Dollar/Japanese Yen
I'm looking for a long position on USDJPY             . The horizontal line marks a few tops in the last years. Yen has to break it to go further upwards. I think it will. On wednesday Bank of Japan take a decision on their interest rates.
Since 2010 they follow a zero rate policy. http://www.tradingeconomics.com/japan/interest-rate
There is no sign that it will change soon. That's why i'm basically bullish .
Futhermore the YoY rate of increase in the CPI             is likely to be about 0 pct for the next time.
Japan's debt problem is overwhelming, no sign of a trend change. http://www.tradingeconomics.com/japan/government-debt-to-gdp

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out