Dollar-yen aiming for a pullback, but wide fluctuations due to big players’ expectations

The dollar/yen has quickly regained after a drop in employment statistics
Ahead of the presidential election, a shift in positions is also anticipated

This is a week where a single piece of information can move things a lot
We will try not to hold positions for too long in the short term

We will aim for short-term rebounds at each line

Dollar/Yen
Looking at the weekly chart, it is barely bullish, but it is a candle with indecision

On the daily chart, it ends with a bullish candle and the GMMA is rising

There is also a presidential election
for now, it is probably a dip-buying environment
When viewed on the 4-hour chart, it ends with a bullish engulfing

This week's economic indicators

This week, above all, the US presidential election on the 5th
With Trump favored, Trump trades progressed
If Trump is elected, materials may be exhausted and the dollar could be sold off temporarily

Even weak employment data can push USD/JPY higher

October nonfarm payrolls increased by only 12,000, less than the prior month
Due to the impact of a large hurricane and a major Boeing strike
there is a high likelihood that the statistics were distorted
The White House also pointed this out, saying improvements would come next month

However, according to the release on the 1st, August and September employment gains were revised downward, and
the unemployment rate remained flat at 4.1%

This week's FOMC will, as expected, cut rates by 0.25%
The moment it happens, USD/JPY may dip, but the dip-buying pressure could push it back up gradually

Big players' expectations seem to be coming out in retrospect

I am watching for January employment statistics to be weak and for USD/JPY to crash
The reason September employment data was strong was due to government sector employment
If Trump becomes president, that could also be stripped away

Trump's third assassination plan could cause a sharp drop in USD/JPY
That's my speculation