Intermarket analysis between USDJPY, Gold spot and the US 10yr yield. As per charting, USD/JPY and bond yields exhibit a positive correlation. Gold & 10-year yield exhibit a negative correlation. Gold ad USDJPY exhibit negative correlation. Since September 2015 this correlation strengthens and we can see on the chart that tops and bottoms formed precisely in the same magnitude. Recently, all three asset classes have given a break from the patterns. After the observation, it seems that Gold gives the first indication for a change in trend and then it is followed by other two asset class. So in the near term, dollar/yen will continue the uptrend and it could test the 117 and then 119 levels. Felipe Erazo Felipe Erazo Felipe earned a degree in journalism at the University of Chile with the highest honor in the overall ranking, and he also holds a Bachelor of Arts in Social Communication. He has been working as a freelance writer and forex/crypto analyst, with experience gained at several forex broker firms and forex/crypto-related media outlets around the world, such as FXStreet. He has been involved in the world of online forex trading since 2010, and in the crypto sphere since 2015. Moreover, Felipe has worked as a journalist and editor for several media outlets across Latin America, collaborating with radio stations from his home country, Colombia, Chile, and the United States. View All Post By Felipe Erazo Forex Bits share Read Next Canada: enjoys +15.3K jobs, unemployment rate falls to 6.6% Yohay Elam 5 years Intermarket analysis between USDJPY, Gold spot and the US 10yr yield. As per charting, USD/JPY and bond yields exhibit a positive correlation. Gold & 10-year yield exhibit a negative correlation. Gold ad USDJPY exhibit negative correlation. Since September 2015 this correlation strengthens and we can see on the chart that tops and bottoms formed precisely in the same magnitude. Recently, all three asset classes have given a break from the patterns. After the observation, it seems that Gold gives the first indication for a change in trend and then it is followed by other two asset class. So in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
