+75,706 USD – Ride the Trend! How to Navigate the Waves of Yen Strength & Risk-Off Sentiment
+75,706 USD – Ride the Trend! How to Navigate the Waves of Yen Strength & Risk-Off Sentiment
✅ Weekly Trading Results (Feb 3 - Feb 7)
💰 Profit: +75,706 USD
🎯 Key Strategies:
- USD/JPY & EUR/JPY short trades on yen strength → Unsuccessful!
- Short-term Bitcoin (BTC/USD) trades → Successful!
- Gold (XAU/USD) dip buying → Failed… missed the rebound
📌 Market Overview This Week
🌎 Market shaken by Trump tariffs & Japan-US summit
💴 Speculation of additional BOJ rate hikes accelerated yen appreciation
📉 Gold gained as a safe-haven asset, but timing issues led to missed profits
📈 Bitcoin trades secured solid gains
🔍 Forex Strategy for the Week of February 10
📌 1. USD/JPY
📉 Bias: Sell on Rallies (Yen Strength Expected)
🔎 Key Points:
- Feb 12 U.S. January CPI Report is Crucial
- Higher CPI → Fed rate cuts pushed back → USD bullish
- Lower CPI → Trump pressures Fed for cuts → USD bearish
- BOJ rate hike speculation strengthens yen buying pressure
- Sell at 152.50-153.00, target 148.00-149.00
📌 2. EUR/USD
📉 Bias: Bearish (ECB Dovish Stance)
🔎 Key Points:
- Weak GDP data from France, Germany, and Eurozone → ECB rate cut speculation
- Eurozone Industrial Production data in focus
- Sell at 1.08-1.0850, target 1.07-1.0650
📌 3. GBP/JPY
📉 Bias: Weak Momentum (BOE Dovish Policy)
🔎 Key Points:
- BOE unanimously cutting rates → GBP under selling pressure
- Weak UK GDP & Industrial Production could push GBP lower
- Sell at 195.00-195.50, target 192.00-191.50
📌 4. CAD/JPY
⚖️ Bias: Neutral (High Uncertainty)
🔎 Key Points:
- Trump's tariffs postponed to March → Stabilized price action
- BOC may signal additional rate cuts at the March meeting
- Strategy: Stay on the sidelines until clearer direction emerges
📌 5. AUD/JPY
📉 Bias: Bearish (RBA Rate Cut Expectations)
🔎 Key Points:
- RBA meeting on Feb 17-18 could signal rate cuts
- Risk-off sentiment from US-China trade tensions remains
- Sell at 95.50-96.00, target 94.00-93.50
📌 6. ZAR/JPY
📉 Bias: Continued Downtrend
🔎 Key Points:
- Uncertainty over Trump’s South Africa policies → ZAR selling continues
- Strategy: Stay on the sidelines until clearer trend emerges
📅 Key Events for February 10 Week
📌 Feb 10 (Mon) – Australia Westpac Consumer Confidence
📌 Feb 11 (Tue) – NAB Business Confidence (Australia)
📌 Feb 12 (Wed) – U.S. January CPI Report (Main Market Focus 🔥)
📌 Feb 13 (Thu) – Eurozone Industrial Production, NZ Government Financial Statement
📌 Feb 17-18 (Mon-Tue) – RBA Policy Decision
📌 Japan-US Summit: Key Takeaways & Market Impact
📝 Trump-Ishiba Meeting Highlights
- U.S. demands Japan reduce its trade surplus → Potential FX market impact
- Toyota & Isuzu U.S. investments → Factor supporting yen depreciation
- Nippon Steel & U.S. Steel investment plans → Strengthening economic ties
📉 Impact on Forex Market
- Agreement that FX policies will be handled by finance ministers
- However, Trump’s statements could still trigger yen appreciation
📌 Final Thoughts: Trading & Health – A Strategic Approach
Just as in trading, health requires a well-planned strategy to maintain focus and longevity in the market. A strong heart is key for traders managing stress and long hours.
✅ Heart-Friendly Foods for Traders:
🥬 Leafy Greens (Kale, Spinach, Romaine Lettuce) – Help maintain blood vessel elasticity & stabilize blood pressure.
🥦 Cruciferous Vegetables (Broccoli, Cauliflower, Brussels Sprouts) – High in Vitamin K & folate to enhance circulation.
🧄 Onions & Garlic – Improve blood circulation & lower blood pressure.
🥕 Beets & Carrots – Promote blood flow & provide antioxidant protection.
🥑 Nuts, Avocado, Olive Oil – Healthy fats reduce heart strain & regulate cholesterol.
📌 Trading & Health: Both Require a Consistent Strategy
Just like reading market trends, maintaining a healthy lifestyle requires strategic planning. Start small – "This week, I'll focus on eating more vegetables" – and gradually build habits for long-term success.
📢 Let’s approach next week with clear judgment and strategic trades! 🔥💹
