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Currencies

Carry Trade – Weekly Analysis

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JPY Long Term Open Articles
597

In this update, we take a closer look at the evolving dynamics of the carry trade. We analyze the technical patterns behind the latest move, assess how the risk–reward balance is shifting, and outline the scenarios that could shape the next phase.

CANDLES

The carry trade remains healthy following the annual close. The 10D frame printed a bullish continuation signal, while the weekly closed with a doji that could evolve into a Spinning Top. For now, however, the smaller time frames do not support the development of bearish momentum.

Technicals continue to favor USD strength versus JPY. The Dollar is advancing against the Yen toward levels not seen since 1986, and the trend remains bullish until signaled otherwise.

ELLIOTT WAVES

The long-term targets for the USD/JPY pair remain intact.

The long-term targets for the USD/JPY pair remain intact.

Summary

The carry trade remains technically healthy. Until technical indicators and candlestick structures signal otherwise, the carry trade remains firmly in control.

Happy Trading!

JPY Long Term Open Articles
597
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