Friday, September 24, 2021

#Japanese Yen Review $FXY $JPYUSD

Yen Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

The Yen's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

The Japanese Yen's composite trend has Reset. The Yen's primary trend has been down for 7 months and 0%.

Matrix Name Column


The computer classifies the Reset (R) as Early cycle. The composite cycle mean (x̅) is -0.48, so there's plenty of room in terms of price and time for continuation. The down Yen is another major currency favoring a flip towards a bullish dollar. Only the British Pound and Canadian Dollar have yet to flip down.

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.