Panjang

MACRO Signals Confirm Tech Long for USDJPY into FOMC and Rates

Fundamentals:

Our macro signals confirm the technical signals to stay long.

If the Fed becomes hawkish, as we believe, then this points to higher yields and a USD strength.
Inflation risks are staring the Fed right in the mirror. It is harder to ignore.
Tapering from the Fed should be on the table now.
Yield Spread is expanding.
The yield spread has yet to reach its deleveraging point; thus, long USDJPY .
Bullish commodities

Technicals:
Consolidation
Bullish MACD
Bullish RSI
LT intraday Bullish continuation IHS

Tentative Targets:
116 to 118

Rocketman

Penerbitan berkaitan

Yields Point to a Higher USDJPY

oleh Rocketman

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.