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Currencies

Carry Trade – Weekly Analysis

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JPY Long Term Open Articles
440

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

Following last week’s impressive bullish close, the Dollar continued to advance.

The carry trade remains healthy, and technicals continue to favor USD over JPY. The Dollar is pushing higher against the Yen toward levels not seen since 1986, and the long-term trend remains bullish until confirmed 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. The structure continues to develop as a healthy impulsive wave, marked as wave 5 of III. The roadmap outlined back in July remains valid, and price action has so far tracked that projection very closely.

Summary

The carry trade remains technically healthy. With trends intact and no adverse signals from either indicators or candlestick structures, control remains firmly with the carry trade until proven otherwise.

Happy Trading!

JPY Long Term Open Articles
440
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