Intraday Market Thoughts
USDJPY Jumps on Dovish Picks
by
Feb 25, 2026 11:40
USDJPY breaks above the 4-week trendline resistance to hit a 2-week high at 156.80 after Japan PM Takaichi appointed 2 dovish candidates to the 9-member policy board of the Bank of Japan. The candidates are professor Ayano Sato at Aoyama Gakuin University and professor Toichiro Asada of Chuo University. If they're confirmed, then these new members will likely provide material pushback to the BoJ's interest rate hike path, which could further weaken JPY vs major currencies. 2 days ago I reminded our WhatsApp Bdcst Group I was long USDJPY, targetting 156.40. The chart below suggests 157.70s could well be the next target.
Click To Enlarge

Latest IMTs
-
JPY Soars & Oil Drops
by Ashraf Laidi | Apr 30, 2026 12:49
-
Gold, Silver & the Fed
by Ashraf Laidi | Apr 29, 2026 14:45
-
Have Stocks Peaked?
by Ashraf Laidi | Apr 27, 2026 14:47
-
Missing the Silver Target
by Ashraf Laidi | Apr 23, 2026 9:46
-
Hedging your Margined Account
by Ashraf Laidi | Apr 21, 2026 15:35




