Carry Trade – Weekly Analysis
In a market full of noise, interventions, policy shifts, and constant speculation, the larger technical structure has continued to follow the same roadmap. In this analysis, we reassess USD/JPY through major currency dynamics, technical signals, and long-term structure to determine whether the bullish path still holds, what could invalidate it, and what may shape the pair’s next major move. CANDLES It looks like my hypothesis about a tactical decline is starting to materialize. The weekly frame failed to confirm a top, but the daily frame did. Most likely, USD/JPY will experience extended temporary weakness before resuming the rally over the next 1–2 weeks. All trends remain bullish. Overall, USD/JPY is leaning bearish in the short term, neutral in the mid term, while the long-term outlook remains firmly bullish. ELLIOTT WAVES The long-term targets for USD/JPY remain intact. The pair made a new higher high above the top of wave 3,…
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