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Japanese Yen Currency IndexJapanese Yen Currency IndexJapanese Yen Currency Index

Japanese Yen Currency Index

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brace for impact, big derailmentI want to bring the light about a spectacular move that could unfold very soon, already started actually, involving a decoupling of gold and japanese yen. you must look at the japanese index chart (a forgotten one, people focusing too much on the dollar index). the configuration is so clear, we have a triple bullish divergence with a beautiful first two lows having the MACD curve almost on the same line, followed by an intermediary correction, but the real and final low is attained weeks after, experiencing an ever more beautiful lobe higher on the MACD curve for a perfect mega bullish jump. BUT !!!!!!!!!!!!!!!!! the point of this post is to remark that gold, silver, platinum display the same exact configuration but only at the phase of the first two lows wih a MACD curve having almost aligned two lows (the third and final low is missing for these 3 metals !!!) WHAT DOES THAT MEAN : silver gold platinum will experience a subsantial temporary correction upside in parallel with the reignated JPY power from today but they will fall even more after WHILE from today onward JPY will rise non stop. the day when silver gold platinum will go back downward will JPY continue rising should be the day of a massive orchestrated collpase in bonds and stocks everywhere on the planet. it is more or less linked to an action of the gargantuan Japanese government pension fund (the biggest in the world) terrified of the possibility of losing their investment if they do not liquidated their position all over the world because they need to pay the pensions and if they wait too much while markets and stock are all time high they could lose money, i let you imagine how angry will be the japanese population if they learn that their pensions have been lost because of greediness pusrsuing blindly overvalued markets and not exiting when it was time. so basically yen up up up up up always gold/silver/platinum up for some moment then down down down in parallel with a flash crash everywhere. when you will see the third lobe on gold/platinum/silver it will be the end of the crisis and they will skyrocket again so do not buy these metals as long as you do not see this configuraiton on the chart. meanwhile yen should be safe
TVC:JXYLong
by lapin_eliott
4
A rebound for the JXY?On UT 4 hours, JXY is under a falling wedge pattern (The Falling Wedge is a bullish pattern) The RSI has a today value around 27 and, in addition, the JXY is close to its support at 88.3 From the upper elements, we can remain aware about and wait for any bullish signal. If this signal appears, a short on OANDA:USDJPY or EURJPY could be very interesting From fundamental view, if the TVC:DXY will become weaker in the next month, it will be not surprising if the TVC:JXY would be very much sought. Stop: 87 TP: 90 (TP1)
TVC:JXY
by Kevin_Tchoulfyan