Japanese Yen Q2 Forecast: A Haven in a World Which Needs One

The Japanese Yen heads into 2019s second quarter pushed by a rare tailwind. It spent much of the first under pressure. Global risk appetite held up rather well in the face of numerous challenges, from weakening economic data in many regions to the protracted divorce proceedings between the United Kingdom and the European Union.

日元在第二季度进入2019年第二季度，受到罕见的顺风推动。它首先承受了大部分压力。面对众多挑战，全球风险偏好相当不错，从许多地区的经济数据减弱到英国和欧盟之间的长期离婚诉讼。

However, as March bows out, it seems that that risk appetite is at last buckling.

然而，随着三月鞠躬，似乎风险偏好终于屈服。

USD/JPY Monthly Chart: Symmetrical Triangle in Place

美元/日元月线图：对称三角形到位

Over the past three months, USD/JPY spent most of its time climbing. But, looking at a longer-term technical perspective shows that it is perhaps not yet ready to embark on its next major trend.

过去三个月，美元/日元大部分时间都在攀升。但是，从较长期的技术角度来看，它可能尚未准备好开始其下一个主要趋势。

Looking at the monthly chart above shows a symmetrical triangle that has been taking shape since May 2015. These are typically continuation patterns. In this bullish example, USD/JPY may resume the dominant uptrend that took it from 78.00 in late 2012 to 125.00 by June 2015. Getting there involves clearing the descending resistance line of the triangle (downward sloping red line on the chart above).

查看上面的月度图表显示了一个对称的三角形自2015年5月以来一直在形成。这些通常是延续模式。在这个看涨的例子中，美元兑日元可能会恢复从2012年底的78.00升至2015年6月的125.00的主要上行趋势。到达那里需要清除三角形的下行阻力线（上图中向下倾斜的红线）。 / p>

See the complete Q219 Japanese Yen forecast as well as forecasts for the other major currencies, equities, Gold, and Oil.

查看完整的Q219日元预测以及其他主要货币，股票，黄金和石油的预测。