The best move in FX, since 2020 was the idea of early development of the base in USDJPY, let's start with a quick chart review which really got into the heart of the matter. This update is much more about the technical configuration and how to work with an impulsive move.
Unlocked.
As is now becoming clear to many analysts, USDJPY is playing towards the 150 macro level, this is in a certain sense an impulsive leg; the C leg of an ABC correction, would bring into its own 5-3-5 majority. Fresh sellers will refrain from stepping against this train. Rightly so, because here would be the typical example of false prevention, which only manages to create new weaknesses eg from early soft sellers which will provide fuel to play against the isolated highs.
Thanks as usual for keeping your support coming with likes, comments and etc!
You are so modest in your presentation. I think $1 = ¥200 is also highly probable with the impulse now on steroid. Gazing at the stars and looking at the charts; its all so clear now.
UnknownUnicorn493766
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well done
sisapis
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IDK, I don't understand WHY would USD appreciate so much (if.. at all) in this printing era? Is this TA-wise?
kimozelghonemy
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Clean
Mark13197
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All time high for usdjpy is it possible? XD
RamirezFX
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Great input, way things have been panning out with inflation, this is something i have been discussing with colleagues the past couple of months, seems as if there have been more inflows into usd rather than the yen, but then again, only time will tell, cheers.