USD/JPY Update

Remember that the USD/JPY is pretty much the main risk driver in the market, if the pair moves up, the market follows it, if it moves down, the market follows it.

Here's what it looks like right now.

 The pair has a positive divergence, a move higher should take the market jigher, fir this to happen the Yen needs to weaken and/or the $USD needs to strengthen.

Here's the Yen Futures...

We have a leading negative divergence so it looks like the Yen will weaken.

And the $USD, this positive divergence just makes the pair move higher.