End of an era

9월 9일

Hello,

Long term wise, BoJ have so much room to hike rate, after almost a decade of low interest rate, while this shift is happening in reverse for the west, i'm expecting long term for the JPY to double in value, so i'm very bullish on JPY.

While the west is going the other way, they also have so much room to get their rate much lower than the actual one, intraday day fluctuations are hard to predict, this is why i only swing trade, I have a place I believe the JPY will get, I enter and wait, if it doesn't go this way, you close for a lose, re assess and move on.

But that is my 2 cents prediction for this pair, GBP and USD going lower against JPY, eventually in 1 year it will be much clearer, in the meantime i'm only interested in short.