USDJPY Explained Simply: How To Understand/Trade The Move

2024年7月3日

USDJPY has rallied continuously because there is a main long side bias within the different interest rates between the two economies, the US being much higher.

It must be understood that buying of Yens only occurs with a good reason, of which, at the moment, there is none. Talk of intervention, is only talk.

You can get better entries with a bit of this understanding and basic economics.

2024年7月3日

註釋

Holding off anything new. Only very light re-shorts at highs. Longs will only come considerably lower.

2024年7月9日

註釋

See update for clear plans:

2024年7月11日

註釋

Fall caused by USD sentiment. Remember, rate differential remains large.

2024年7月14日

註釋

Rumoured BOJ Intervention^

2024年7月22日

註釋

Strength in JPY persists.

Awaiting further news for further bias, likely nearer BOJ/FED EOM.

2024年7月23日

註釋