with the strong dollar now against all pairs, i think there is demand in dollar against all major
lapin_eliott
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the big question remains : except usdjpy what would be the move on other jpy crosses ? can we assume that the violent move you are assuming on usdjpy will be strong enough to drain down eurjpy down too even if eurusd is going up ?
Deep-Peat-Shark
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@lapin_eliott, rates are corrected by the economic powers and balanced by the floating market. Unfortunately we do not have a dashboard where can review or forecast a change of one of the pairs.
A change in value of the USD has no effect on EURJPY because the USD is the common denominator of the pairs EURUSD and USDJPY on opposite sides of the name.
Ronnie_Dong
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I like your chart,I couldn't agree with you more.
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We can do more discussion,
and you can refer to my publish.