{"id":76,"date":"2020-05-03T13:58:34","date_gmt":"2020-05-03T13:58:34","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=76"},"modified":"2020-05-03T13:59:27","modified_gmt":"2020-05-03T13:59:27","slug":"usd-forecast-still-bullish-bias","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2020\/05\/03\/usd-forecast-still-bullish-bias\/","title":{"rendered":"USDJPY &#8211; still having a bullish bias"},"content":{"rendered":"\n<p>I am still having bullish bias from last week. SL is different now, a good one below 106.30, a safe one below 105.90. Target is still 107.90 and higher. With negative interrest rates, even asset managers won&#8217;t be able to hold onto JPY longs for much longer&#8230;and dealers are already short. BoJ wants a weaker YEN, so slowly both fundamentals and technicals are lining up to make USDJPY shoot up. And with a positive swap on longs, its safer to hold long and wait.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"401\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-03-at-15.50.26-1024x401.png\" alt=\"\" class=\"wp-image-77\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-03-at-15.50.26-1024x401.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-03-at-15.50.26-300x118.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-03-at-15.50.26-768x301.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-03-at-15.50.26.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>I am still having bullish bias from last week. SL is different now, a good one below 106.30, a safe one below 105.90. Target is still 107.90 and higher. With negative interrest rates, even asset managers won&#8217;t be able to hold onto JPY longs for much longer&#8230;and dealers are already short. BoJ wants a weaker [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/76"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=76"}],"version-history":[{"count":3,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions"}],"predecessor-version":[{"id":80,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions\/80"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=76"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=76"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=76"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}