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
-
The Nvidia Reversal
by Ashraf Laidi | May 20, 2026 19:47
-
The 2600 SPX Cycle
by Ashraf Laidi | May 18, 2026 19:57
-
Metals Break or Correction
by Ashraf Laidi | May 15, 2026 13:00
-
Silver Day Trading
by Ashraf Laidi | May 14, 2026 18:24
-
Try this with gold and oil
by Ashraf Laidi | May 12, 2026 12:54




