💴Welcome to the new yen ; (USDJPY analysis)

٢٢ أغسطس ٢٠٢٢

Today, all focus was on the euro, which is nearing a 19-year low, but the big story of the market year is the Japanese yen. We are witnessing a shift from a more than 20-year trend in the forex market of the Japanese yen as the safe-haven currency. The USDJPY has risen for five consecutive days, but focusing on the last two days, global stocks have been beaten but the pair rose nonetheless. This was unthinkable a few years ago, but now it is commonplace.

The currency pair has beaten USDJPY as the global safe haven of choice. A large part of this failure is the divergence in monetary policy as the Bank of Japan sticks to yield curve controls, but this is nothing new and the dollar has always been positive in carry trades against the yen. The main issue is that this has become very persistent, and if this trend continues to spread, it'll increase the risk of overvaluation of the dollar around the world.



✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯

٦ سبتمبر ٢٠٢٢

ملاحظة

As I expected , USDJPY pair has even reached 142.47 for the first time since 1998 !📈🇯🇵

٦ سبتمبر ٢٠٢٢

ملاحظة

USDJPY Crossing 143. final target reached 🎯

١٣ سبتمبر ٢٠٢٢

ملاحظة

(spike of usdjpy 4H timeframe) ,after releasing CPI news:)