


Kanounsyphax
Contrary to popular belief, USD/JPY is structurally in a long-term bearish trend since 1971 on a logarithmic scale. What appears to be a recovery is in fact a technical retracement within a broader secular downtrend. A historic hidden bearish divergence is forming: the RSI has been gradually rising, while the price continues to print lower highs over the decades....
This is not financial advice. Educational purpose only." I am preparing to take a short position on USDJPY starting next week, in alignment with the upcoming rollover of futures contracts. My analysis is based on a combination of technical, macroeconomic, behavioral, and institutional elements. From a technical perspective, a clear bearish reversal divergence is...