USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS
#USDJPY
- As of last day, the MARKET SENTIMENT for USD was slightly on the DOWN SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
With the arrival of FED UPDATES POSITIVE USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite
- There is definitely a very high possibility that USDJPY will go UP a bit more and move to 135.61 LEVEL. Anyway, USDJPY price can go down to 126.46 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
- As of last day, the MARKET SENTIMENT for USD was slightly on the DOWN SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
With the arrival of FED UPDATES POSITIVE USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite
- There is definitely a very high possibility that USDJPY will go UP a bit more and move to 135.61 LEVEL. Anyway, USDJPY price can go down to 126.46 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
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