natron

USDJPY Analysis: Week 7/12/21 - 7/16/21

Short
OANDA:USDJPY   Dollar Américain / Yen japonais
If price makes it to the purple zone and starts to show signs of rejection, I think price will drop to around 109.60.

News I'm watching out for. (all pairs)

Comments about the timeline of interest rate hikes.
Comments about quantitative easing (tapering or not).
Keep an eye on the opec+ spat. Watch for tapering of production cuts. Watch for oil demand projections returning to pre-pandemic levels earlier than expected.
Any news about vaccines being ineffective against new variants of the virus.
News about more lockdowns due to virus variants.



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