- yen broke a key level
- Now testing a 4 Month Trendline.
- 4 Month Trendline has been tested twice in the past and bounced off, maybe bounce number 3?
- I will be happy to allocate long/short, off these levels.
Somethings of note:
-the BOJ uses JGB's Targeting in its monetary policy. My theory is that when you see out-sized moves in JGB's, its indicative of a change in monetary stance. Hence what affects currency affects bonds and vice versa.
- I also find the relationship of DXY and USDJPY interesting. This has been occurring since March. One would normally associate USDJPY weakness as you see DXY Strength.
- Now testing a 4 Month Trendline.
- 4 Month Trendline has been tested twice in the past and bounced off, maybe bounce number 3?
- I will be happy to allocate long/short, off these levels.
Somethings of note:
-the BOJ uses JGB's Targeting in its monetary policy. My theory is that when you see out-sized moves in JGB's, its indicative of a change in monetary stance. Hence what affects currency affects bonds and vice versa.
- I also find the relationship of DXY and USDJPY interesting. This has been occurring since March. One would normally associate USDJPY weakness as you see DXY Strength.
Giao dịch đang hoạt động:
Short
Giao dịch được đóng thủ công
