USD/JPY Vs USD/CHF 120.82 Vs 157.43
USD/JPY Vs NZD/USD 105.13 Vs 160.57
USD/JPY Vs GBP/CAD 160.04
USD/JPY Vs EUR/CAD 149.31 Vs 151.73
USD/JPY Vs EUR/AUD 159.43
USD/JPY Vs EUR/GBP 119.30 Vs 157.74.
USD/JPY Vs EUR/CHF = 123.81 to 156.84
USD/JPY Vs GBP/CHF 130.84 to 155.43
USD/JPY as covered in previous posts lifted from 128.00’s and historically from a terrible location based on my model review. USD/JPY from 128.00’s and now 151.00’s traded 2300 pips or 1 full currency cycle of 2500 pips.
USD/JPY trades massive overbought Vs EUR/USD, GBP/USD, USD/CAD, EUR/CAD, EUR/GBP.
USD/JPY trades overbought from CHF cross pairs. USD/JPY trades overbought to a vast majority of our 28 currency pairs.
USD/JPY contains a long way to travel lower. First big break at 147.66 targets 144.00’s for the shortest term.