Bank of Japan Articles

USD/JPY Crossed Daily Trend Target 106.800

USD/JPY at September open price for possible further expansion. A retest of 50 EMA provides a superior reward to risk ratio but could possibly test the daily trend line where we would need to see bullish signals for USD/JPY strength. Japanese current account data in four hours’ time high is…
October 7th

AUD/JPY Daily Cross Signals Bearish Momentum

Price breaking below daily pattern trend line and if held, could commence the exit sell down to levels we have not seen since June. AUD/JPY is at a critical zone to determine its fate.   This week Japan announced Yoshihide Suga as their official Prime Minister, and US retail data…
September 16th

JPY ready to explode higher or false hope ?

The Japanese Prime Minister , Shinzo Abe, just resigned as reported this morning over ‘health issues’, citing a flare up on this chronic ulcerative colitis. However he did not name a successor, despite this the JPY saw sharp bidding with most XXX/JPY pairs trading at least -0.50% on the day.…
August 28th

Bank of Japan Meeting – No Surprises

The expectation was that the BOJ would continue to add to its COVID-19 stimulus policy measures, in line with global central banks.
May 23rd