Is the USD/JPY pair setting up for a new huge move?

FX:USDJPY   U.S. Dollar / Japanese Yen

The JPY pairs have a reputation of being temperamental ... and rightfully so. Throughout my professional trading career, I've traded these pairs quite successfully but I'm also aware how quickly they move.

As I looked over the weekly charts of the USD/JPY             today, I realized that we might just be seeing the start of yet another huge move to the upside. The Bank of Japan (and other institutional investors) haven't done much recently to defend their own currency. Especially when comparing it to the mighty USD.

Although the patterns aren't symmetrical or fall under the rules for classical chart pattern rules ... maybe and just maybe this might be the trade of 2016? If that's the case, are you ready for it?

À bientôt,
Maxmillian DuPont
Happy to play the contrarian
yes absolutely
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out