USDJPY Analysis/Trading In This Crucial Week (BOJ and FED)

Jul 29

This week could be crunch week for USDJPY and other JPY pairs.

Should the BOJ take a more hawkish approach, JPY strength may persist. The same goes if we see fear in the US and safe haven inflows occur.

A more dovish FED may weaken the USD and also bring the case for further falls.

This is why understanding simple economic factors is so important.

Jul 30

Note

BOJ considering raising to 0.25%.

Aug 2

Note

Trajectory as shown continued.

Aug 9

Note