U.S. Dollar / Japanese Yen

Short

Updated

USDJPY and CAC40 - leading fractal

The French CAC40 index appears to be leading USDJPY by 9 weeks. There is no reason why it should (other than the big macro picture, USDJPY falls on in risk-off sentiment and so do equities). Let's see!

Note

See also my other USDJPY idea which is also bearish.

USDJPY Similar pattern to a year ago

Trade active

Trade still working well.

Trade closed: target reached

Reached even before the Jan 3 spike!

David Atherton

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

David Atherton

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.