andrius.lietuvis
Short

USDJPY, couple of week to wait for clear trend, short for now

FX:USDJPY   U.S. Dollar/Japanese Yen
17 0 0
Fed Interest Rate Decision is announced in 2014-07-30 (this week)
BoJ Interest Rate Decision is announced in 2014-08-07 (next week).

If Fed rises the interest rates it is positive, or bullish , for the USD.
If Fed keeps the ongoing interest rate it is negative, or bearish .

If BoJ rises the interest rates it is positive, or bullish , for the JPY.
If BoJ keeps the ongoing interest rate it is negative, or bearish .

So possible scenarios:
Fed's action; BoJ's action; Outcome
1. Rise Rise ?
2. Keep Keep ?
3. Rise Keep USDJPY             up
4. Keep Rise USDJPY             down

Which one is going to be? As looking in trading activity Sydney and Tokyo last hours are in favour of JPY, today I expect London will bee neutral and New York             should support USD.



Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out