Carry Trade – Weekly Analysis

USD/JPY continues to relentlessly approach the long-term target we projected 2.5 years ago, back in November 2023, and has now reached levels not seen since 1986. Was that forecast just a lucky call — or a carefully calculated target area based on multiple technical methods? 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 USD/JPY analysis, we reassess the pair 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 next major move. CANDLES The pair completed the week with bullish signals and kept all major trends intact. However, the daily and weekly candles stretched slightly above the Bollinger Bands, which may trigger consolidation or a pullback. While the short-term outlook is closer to neutral, USD/JPY remains firmly…