Employment Statistics Preliminary Forecast! Tonight's USD/JPY & GBP/JPY
【Cherry Blossom Viewing】
Have you all gone cherry blossom viewing?
I enjoy passing by places with cherry trees during my daily travels, etc.
Spring is in full bloom, and somehow my mood becomes brighter as well.
And for some reason I get hungry. Sakura mochi or ohagi. For me【Spring of Appetite】is.
【USD/JPY】
Last night hmm. There were signals of a decline, but the lower line was strong,
so it couldn’t head downward.
In the end, it broke above the crash value of 111.600 and is currently【upward】.
Going against a downside signal is not common, so that alone indicates still strong upward momentum!
Currently, the conditions for decline would be to clearly fall below 111.500.
That’s key.
Shorts based on fair value are dangerous, aren’t they.
Currently at 17.19 111.690. Going forward,
① Around 112.050
② 111.750
③ 111.600
④ 111.500 — very important before/after the employment statistics
⑤ Around 111.350
Since levels ④ and ⑤ are quite solid too, I’d like to watch around there and go long.
【GBP/JPY】
Right now it’s in a range of 146.900 to 145.650.
It’s zigzagging, so being half-hearted is dangerous, I’d like to target the edges.