What To Expect From The Major JPY Pairs:

Updated

What To Expect From The Major JPY Pairs:

Technical Analysis on USDJPY, GBPJPY and EURJPY

You may watch the video for further details!
Thank you!

Trade closed: target reached

USDJPY -> almost 110 pips down from the morning analysis

Trade closed: target reached

GBPJPY -explained in the video - target reached -open this chart to see the performance

GBPJPY: The Wedge Pattern Is Pushing The Price Down

Note

🚨BoJ’s Takata: If economy, prices move in line with our forecast, will adjust policy rate in several stages

Bank of Japan (BoJ) Board Member Hajime Takata is back on the wires early Europe on Thursday, noting that “if the economy, prices move in line with our forecast, we will adjust policy rate in several stages.”

✅The BOJ sent some strong messages, but whether they will continue to make those comments true remains to be seen.
JPY is showing strength in the short-term

Trade closed: target reached

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