Johanes

USDJPY MANAGED TO 100.00 FOR 15 % MED TARGET ZONE (1700 PIPS)

Short
Johanes Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
THE FEDERAL RESERVE BANK OF NEW YORK AND THE EUROPEAN CENTRAL BANK MANAGED THE EURUSD FOR 15 % TARGET ZONE AND TO ALLOW THE USDCHF TO BE MANAGED BY SWISS NATIONAL BANK FOR 15 % WIDTH OF BAND BY BRINGING USDCHF DOWN TO 0.8750. AT SUCH, GLOBAL CENTRAL BANKS ARE MANAGING THE WIDTH OF MEDIUM TERM PRICE STABILITY FOR 15 % + 1 % AS AGREED BY MONETARY POLICY.

ACCORDINGLY, USDJPY WILL BE MANAGED BY THE BANK OF JAPAN AND THE FED RES OF NEW YORK DOWN TO 100.00 FOR 15 % WIDTH OF BAND. USDJPY HAS BEEN STRONGLY DEFENDED AT 108.50 THE CENTRAL BAND/CENTRAL PARITY AND WILL BE BROKEN DOWN TO 100.00. THE FOLLOWING TRADE BECOMES RECOMMENDABLE TO AS FOLLOWS:

SHORT USDJPY AT 109.10/109.50
STOP LOSS AT 112.50
TARGET 100.00 (910-950 PIPS)
DURATION: 3-5 MONTHS
RISK TYPE: HIGH RISK (INTERIOR MED. TERM TARGET ZONE)

NOTICE

FX TRADING CARRY THE HIGHEST RISK OF INVESTMENT. BOTH TRADERS AND COUNTER PARTIES TO TRADE HAVE DIFFERENT VESTED OF INTERESTS ON THE EXECUTED TRADING POSITIONS. FOR ALL TRADING POSITIONS, WHILST TRADERS LOOK FOR PROFIT FROM THE EXECUTED BUYING OR SELLING (IF WINNING) VERSUS THE COUNTER PARTIES TO TRADE LOOK FOR PRIME SOURCE FOR PROFIT FROM THE “EXECUTED STOP LOSSES” (IF WINNING), A “ZERO SUM GAME”, THE WINNER OR THE LOOSER. NO DOLLARS FOR FREE.

UNDERSTANDING THE COUNTER PARTIES TO TRADE IS ESSENTIAL. THE COUNTER PARTIES TO TRADE ALSO CALLED LIQUIDITY PROVIDERS AND THEY ARE FX PRIME BROKERS OR DEALERS AND WORLD’S LARGEST AND MOST PROFESSIONAL FX MANAGERS (CARRY TRADERS AND MOMENTUM TRADERS). THEY ARE WORLD’S LARGEST BANKS, INVESTMENT BANKS, SECURITY DEALERS AND UNDERWRITERS, CUSTODIAN BANKS, AS WELL AS FX FORECASTERS. THEY ARE SHAREHOLDERS AND SETTLEMENT MEMBERS OF THE CLS BANK, THE SETTLEMENT BANK FOR USD, JPY, EUR, CHF, GBP, CAD, AUD, NZD, KRW, HKD, SGD, ILS, NOK, SEK, DKK, HUF, MXN AND ZAR.



Comment:
USDJPY NEAR TO BREAK THE 108.50 AND TO PROCEED TO DOWNWARD AS PROJECTED.
Comment:
PRICE IS MOVING AS EXPECTED.
Comment:
WAR TENSION CONTINUE TO ELEVATE AT THE JAPANESE AND KOREAN REGION BUT THE JPY CONTINUE TO STRONG. HOW THE CURRENT WAR IMPACT COULD BE MEASURED ON JPY ?. ANY IDEAS OR COMMENTS WELCOMED.
Comment:
THE BANK OF JAPAN (BOJ) MAY ALLOW THE USDJPY TO EXPERIENCE SUDDEN DROP TO MATCH THE CURRENT TARGET ZONE TO 15 % + 1 % FOR PRICE STABILITY. THE SUDDEN DROP MAY HAVE IMPACT ON THE JPY-DERIVATIVES FOR THE STABILITY TO 15 % + 1 % TARGET ZONE.
Comment:
USDJPY MANAGED BY THE FED AND BOJ FOR 15 % + 1 % DURING THE PERIOD OF EURUSD MANAGED FOR 8 % TARGET ZONE. AFTER REACHING 16 %, THE FED AND BOJ MANAGE THE USDJPY TO 108.50 FOR 8 % WIDTH OF STERILIZATION (SHORT TERM BAND) AND AT THE SAME TIME EURUSD STILL MANAGED FOR 8 % WIDTH OF BAND.

SHIFTING THE WIDTH OF EURUSD MEDIUM TERM TARGET ZONE TO 16 % AT CURRENT STERILIZATION FOR 8 % SHORT TERM BAND ON USDJPY PUT THE CURRENT STERILIZATION AT RISK (108.50 LEVEL). THE WIDENING EURUSD FOR 16 % AT CURRENT 8 % STERILIZATION ON USDJPY BECOMES AT RISK AND ESTIMATED TO WIDEN TO 16 % TO MATCH THE EURUSD BY "DISMISSING" THE 8 % WIDTH OF SHORT TERM BAND. THUS, USDJPY REMAINS TO BE EXPECTED TO VISIT 100.00 WITH HIGH RISK.
Comment:
THE USDJPY STRONGLY BROKEN THE 108.50 WHICH HAS BEEN DEFENDED FOR SEVERAL MONTHS. THE PAIR IS MOVING TO REACH 100.00 AS PROJECTED BUT IN MEDIUM TERM.
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.