108.82 hit today as double bottom on USDJPY, this is reversal sign for USDJPY from technical analysis side.
From fundamental analysis, geopolitical issue getting warm will force JPY go higher, this is bad for USDJPY coz double bottom is not stong enough to hold negative market sentiment.
If this condition getting warm, VIX will increase, SPX down, gold, silver and platinum will rise as save heaven for investor.
anticipate GAP down at opening market monday, with JPY Gross Domestic Product Annualized (GDP) news forecast increase 1.5% from last report, and this report will release at sunday (before market open).
From fundamental analysis, geopolitical issue getting warm will force JPY go higher, this is bad for USDJPY coz double bottom is not stong enough to hold negative market sentiment.
If this condition getting warm, VIX will increase, SPX down, gold, silver and platinum will rise as save heaven for investor.
anticipate GAP down at opening market monday, with JPY Gross Domestic Product Annualized (GDP) news forecast increase 1.5% from last report, and this report will release at sunday (before market open).
Trade active:
previous analysis :
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