USDJPY Re-Updated Plans On Sentiment

24 Jul 2024

Fears of recession are picking up pace in the US from Gov Dudley mentioning it may be too late for the FED.

This feeds into safe haven strength, assisting the fall of UJ post rumoured intervention and now potential rate hikes out the BOJ.

Any longs must be small, and well awaited. Short side sentiment is heavy.

25 Jul 2024

Nota

Exit longs called.

25 Jul 2024

Nota

No re-shorts until 156+

26 Jul 2024

Nota

Weak push back reaction, expecting higher on closeout of week.

28 Jul 2024

Nota

Crucial week with FED and BOJ. Make sure you have eyes on screens.

28 Jul 2024

Nota

Could be a huge week for UJ. Light Sizes. Risk Averse Trading.

Lots of changes in Cut/Hike % chances for the FED and BOJ.

29 Jul 2024

Nota

Important update:

30 Jul 2024

Nota

Short Zone 1 + 2

31 Jul 2024

Nota

Lower key support hit. Brace for FED and BOJ. Careful on sizes.

1 Ogo 2024

Nota

JPY over-performing, market stalling on new found slight momentum. May see lacklustre push higher.

2 Ogo 2024

Nota

Long Zone 1 (very light)

Long Zone 2 Investor Longs (not as light)

2 Ogo 2024

Nota

Jobs data miss thumping price. Targets remain. Entries must be careful.