FX trivia (USD/JPY)
Last night, it broke through the range in an instant.
While taking profits from time to time during the trades, it eventually dropped from the last order and now I am holding unrealized losses (I wonder if there are others in the same situation? 😅).
Well, if it rises this much, it's inevitable to have significant profit taking (same goes for long-term interest rates).
To be honest, I don't mind whether the yen strengthens or weakens in the future, but this time I have one reason to spend a little more time with the unrealized losses.
That is the daily MACD.
For those who like technical analysis, I think you know that the further the MACD crosses away from the zero line, the higher the reliability.
So I looked up the distance from the zero line of the MACD line this time.
The maximum value was -3.35 on August 7th.
Looking back in the past, since 2000, this is the first time the MACD line has exceeded -3 (I apologize if there were any oversights in my manual check).
Of course, the trading environment and participants have completely changed between 2000 and now, so we can't make an accurate comparison, but it can be said that the distance from the zero line of this MACD is significant.
However, despite breaking out of the range, it has not yet reached the level of 151.400 to 151.800 yen, where the half back, Kanda ceiling, and 200-day moving average line overlap. So the discussion of whether it will be a strong yen or a weak yen will have to wait until it reaches that point.
It became long, but it was a small FX trivia (dollar yen).
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181278201 : I thought it would go up — m (_ _) m
ミスターボインジャー OP 181278201 : I was surprised that it was lower than I had imagined
It's totally being pulled by the movement of US bonds, isn't it?
But I've made up my mind, so I still can't let go