As seen USDJPY is making lower high and the same is followed by the Gold price which is contracting the relationship. More interestingly, USDJPY is making lower highs and DJIA is making higher highs again a divergence.
Hence looking at the relationship we assume a DJIA might fall till 16100 and gold might climb till $1327-1336 and USDJPY pair might fall till 101.20-101.00. Many people or analyst might argue on this , that for the pair trade there should be a positive correlation needed between the assets. That s true !!!! USDJPY and DJIA maintained that correlation but because of the inverse relation between the USDJPY and Gold , we are asking for a bottom fishing.