March 8 – Review of last week & Forecast for this week – USD/JPY edition

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Coronavirus,

seems to be spreading around the world, and on television it’s a big deal,

around me there aren’t any infected people,

every day it feels as if it’s someone else’s problem somewhere,

but since there are obviously infections somewhere,

even going out requires caution. (After being careful for a month and a half, I’m getting tired, you know)

I want to live a normal life.

When I hear the news about self-restraint and such, it’s easy to feel discouraged, but ………

【USD/JPY】has fallen about 700 pips in the last two weeks.

This kind of big volatilityexciting marketwhen was the last time?

With this much volatility, trading FX is rewarding, isn’t it.

This weekend I cleared the line and drew a new one from scratch,

and carefully verified it.

I see, the more you draw, the more you can see.

This is the image I couldn’t post on Friday.

By the way, yesterday for this article is Thursday, March 5, and the day before yesterday is Wednesday, March 4.

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From Wednesday I anticipated the 105 yen area, but I was predicting 105.300 here.

And Friday’s【USD/JPY】forecast article.

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【USD/JPY】

＊Will it stop dropping?

＊Will it go further down? Or will it descend multiple steps?

Today I’ll forecast the next week’s range plus

the lower-range

the higher-range

using the revised line (Keikana Line) for the forecast.

After all, volatility is nice, isn’t it. (^^♪)