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USDJPY Explained Simply: How To Understand/Trade The Move

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USDJPY has rallied continuously because there is a main long side bias within the different interest rates between the two economies, the US being much higher.

It must be understood that buying of Yens only occurs with a good reason, of which, at the moment, there is none. Talk of intervention, is only talk.

You can get better entries with a bit of this understanding and basic economics.
Uwaga
Holding off anything new. Only very light re-shorts at highs. Longs will only come considerably lower.
Uwaga
See update for clear plans:

Why The UJ Is Sprinting Back To Highs (Simple Macro Eco)
Uwaga
Fall caused by USD sentiment. Remember, rate differential remains large.
Uwaga
Will Yen Strength Continue And Bring Down USDJPY?


Rumoured BOJ Intervention^
Uwaga
Strength in JPY persists.

Awaiting further news for further bias, likely nearer BOJ/FED EOM.

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Uwaga
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