- JPY FEATURE is currently on the rise. Somehow it will come back down. The main reason for this is that the MARKET SENTIMENT RISK OFF TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.00768 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS.
- STOCKS are currently DOWN. And VIX is becoming UP. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are going down. Also BONDS SPREADS are becoming UP. By now the MARKET RISK is OFF. So definitely create a DOWN TREND for AUD CAD NZD and a UP TREND for JPY CHF USD.
- USDJPY PRICE can be REJECT from 125.51 LEVEL. For VOLATILITY UP, and JPY FEATURE UP.
- You can BREAK the channel and go to USDJPY PRICE 133.962 LEVEL.
- STOCKS are currently DOWN. And VIX is becoming UP. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are going down. Also BONDS SPREADS are becoming UP. By now the MARKET RISK is OFF. So definitely create a DOWN TREND for AUD CAD NZD and a UP TREND for JPY CHF USD.
- USDJPY PRICE can be REJECT from 125.51 LEVEL. For VOLATILITY UP, and JPY FEATURE UP.
- You can BREAK the channel and go to USDJPY PRICE 133.962 LEVEL.