Yen Outlook: Preparing for the Coming Week! During the recent short trading week, we did not observe significant changes in the portfolios of major players. No outflows or overbought conditions—this indicates that the targets remain unchanged, and we are getting closer to the 0.0072 mark. 📊
I recall how, back in mid-December of last year, we noticed the first signs of volume accumulation in the portfolio. It felt like discovering a new horizon! We shared this insight with our subscribers, allowing us to prepare a plan in advance and identify well-founded entry points for the rise of the yen futures. 🚀
Currently, as we maintain a long position on the futures (or a short on the dollar/yen pair), it is essential to keep in mind the boundaries of the expected volatility range.
We have marked these on the chart: the yellow rectangle for Monday and the red rectangle for the upcoming week. 📅
Given the sustained positive sentiment surrounding yen futures, opening a long position as the price approaches the lower boundary of the range could present an excellent opportunity . As indicated by the arrows on the screenshot, don’t miss your chance! 🎯
Summary, we see that the yen continues to be in focus, and we have a clear action plan. We are holding our long position, monitoring the range boundaries, and preparing for the opportunities the market presents. 🌈
No Valuable Data, No Edge!
