USDJPY update - 15 January 2025

Macro Outlook Jan 15, 2025

You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.

USDJPY - closing in on a 40 day cycle trough.

In Monday's note were looking for a drop into the 40 day cycle trough with the chart target box around 154-155.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.