Forex Mastery 101: USDJPY Potential Future Short Side Moves

12 Mar 2024

Hey Traders,

The implementation of Technical and Fundamental Analysis is necessary to pick price points and predict future movement.

After all, Central Bank decisions dictate the flow of money in an economy.

And that flow dictates movement, price points for buying or selling and overall long term bias.

12 Mar 2024

Not

Shorting on pushes back up.

12 Mar 2024

Not

Still awaiting further moves.

14 Mar 2024

Not

And RE-entered shorts inline with BOJ sentiment.

15 Mar 2024

Not

Any further entries reasonable.

18 Mar 2024

Not

Carrying short bias into this week. Will be interesting to see new BOJ comments and potential effect they have.

18 Mar 2024

Not

Very ideal short technical bias. Entries to fire.

19 Mar 2024

Not

Further light entries. Nothing after highs for a long time.

20 Mar 2024

Not

Brace for fed news, may provide impetus. Any away from USD.

21 Mar 2024

Not

exit Re short area (2) at highs.

25 Mar 2024

Not

Re short again.

28 Mar 2024

Not

Shorts are not moving due to persistent FED. Waller remaining hawkish. Downside bias awaits (pot BOJ intervening). Tech side still short.

9 Nis 2024

Not

Crucial Zones approaching. Many stops to be wiped out.

BOJ intervention seemingly more likely as monetary policy does nothing.