DislikedMy bias in weekly/monthly timeframe about; USD Index/DXY: bearish EurUsd: bullish GbpUsd: neutral/bullish UsdJpy: neutral/bullish UsdTry: bullish UsdZar: neutral/bullish UsdMxn: neutral UsdCnh: bearish UsdSek, UsdNok, UsdHuf, UsdPln (high correlation with DXY): bearish I will share some charts at weekend.. note that those are my weekly/monthly bias..i m planning to buy dips, sell highs in small timeframes according to my higher timeframe bias..should be careful with intraday movements.. best wishesIgnored
Usd Index is dropping and more likely continue falling..but with increasing US 10 year yields and risk appetite UJ has increased..now looks slightly bullish..but, BOJ may reduce its JGB holdings eventually..so, Jpy may rise again..also, Trump's trade tariffs words regarding with Japan a few weeks ago is a risk for UJ..
as always, deciding maintrend for UJ is difficult, but charts seem slightly bullish to me..
make your own analysis and decisions..just giving some perspective..
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