USDJPY
Overall, it was in an uptrend after testing 138.47 again
The main reason for the continued decline of the JPY is that the interest rate in Japan - 0.10%, which is the main reason people do not turn to banks, and the value of the depreciation
In contrast, Japanese people are currently only buying long-term bonds because their interest rates are fixed
That will continue to boost the USDJPY because the JPY has no other option than bonds in the country
So technically it is trying to trigger a bullish trend from 144.770 to 148.73 and 150.075
Tendency uptrend
Timeframe Weekly
Overall, it was in an uptrend after testing 138.47 again
The main reason for the continued decline of the JPY is that the interest rate in Japan - 0.10%, which is the main reason people do not turn to banks, and the value of the depreciation
In contrast, Japanese people are currently only buying long-term bonds because their interest rates are fixed
That will continue to boost the USDJPY because the JPY has no other option than bonds in the country
So technically it is trying to trigger a bullish trend from 144.770 to 148.73 and 150.075
Tendency uptrend
Timeframe Weekly
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
