Houston on Nostr: Watch out - USDJPY heading for multi-year highs. Remember that of all the G10 ...
Watch out - USDJPY heading for multi-year highs.
Remember that of all the G10 nations, Japan is furthest along the path of monetary experimentation.
Daily -
3 x outside-inside and break to the upside.
The triple outside bar is noteworthy as we can now certainly expect a range extension.
Weekly -
The weekly chart shows a continuation of the momo up condition. We will see how long this condition will last.
Putting this out there as a possibility - but a re-test of the 200 pivot is a long term possibility and would likely be the result of a very large macro event.
Published at
2023-09-25 14:01:40Event JSON
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"content": "Watch out - USDJPY heading for multi-year highs.\nRemember that of all the G10 nations, Japan is furthest along the path of monetary experimentation.\n\nDaily - https://s3.tradingview.com/snapshots/y/YC2XxMmZ.png\n\n3 x outside-inside and break to the upside.\n\nThe triple outside bar is noteworthy as we can now certainly expect a range extension.\n\nWeekly -https://s3.tradingview.com/snapshots/f/fvULYpA1.png\n\nThe weekly chart shows a continuation of the momo up condition. We will see how long this condition will last. \n\nPutting this out there as a possibility - but a re-test of the 200 pivot is a long term possibility and would likely be the result of a very large macro event. \nhttps://s3.tradingview.com/snapshots/m/m7GTnXm1.png",
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