USDJPY oiled down

by Ashraf Laidi

Mar 25, 2015 20:09

Will the plunge in JPY the last 2 1/2 years help restore Japan's trade balance into surplus? Aside from USDJPY nearing its 55-day moving average for the first time in four weeks, we observe that net long contracts in JPY vs USD have broken above their 3-year down channel. Full charts & analysis.

Click To Enlarge

Latest IMTs

• Intraday Gold Fibonacci
  by Ashraf Laidi | Jul 16, 2026 13:19
• Updating GoldBugs Ratio
  by Ashraf Laidi | Jul 12, 2026 23:55
• 4 out of 4 Success Model
  by Ashraf Laidi | Jul 10, 2026 10:10
• Gold & Rate Hike Update
  by Ashraf Laidi | Jul 6, 2026 18:48
• Gold Never did 8
  by Ashraf Laidi | Jun 25, 2026 20:05