JCL Analysis 2025/12/14

Looking at the overall market environment for this week, it seems the week will feature varying temperatures across different currencies.

First, USD/JPY,

still has no clear sense of direction, and it continues to move within a range.

It isn’t a situation to force trades; until a breakout occurs, it’s prudent to wait and see.

On the other hand, European currencies (the Euro and the Pound)

are showing relatively clear strength and weakness between currencies,

and at the start of the week this will be the main area to build trading positions.

From a JCL perspective, if the market environment recognition aligns, it looks like an easy market to target.

And then gold.

From the recent price movement, there is awareness of the possibility of forming a second peak.

Rather than being outright bullish, in a retracement phase it would be prudent to respond with “testing sales favored.”

The premise is not to lock in a decision, but to react while observing.

Overall,