The Bank of Japan Cut Interest Rates into Negative Territory Putting Other Central Banks on pressure
Nobody saw it coming except…SWAG. Who else trades this exotic pair? Only the big boys and where else? SICT/Tirex Sentiment Market.
No bullshit terms, just SWAG, we got SMA(20) over EMA(13) an inevitable cross is in the horizon, in a very irrational equities market we’ve been making remarkable successes with SWAG, how much more in ForEx where no single entity can control the value of one currency?
Actionable how-tos: If you’re into exotics, you can go long on JPYZAR entry is anytime starting Monday, wait for the cross and as usual wait for the upside take care of itself. If doubtful, always apply a stop loss order.
Further deterioration of South African inflation has helped accelerate ZAR to its near bottom, see
This market is unregulated for now. Exploit it.