USDJPY trends sideways in long term pattern, Craig Shapiro notes

USDJPY trends sideways in long term pattern, Craig Shapiro notes
USDJPY holds in prolonged consolidation

Craig Shapiro observes that the USDJPY currency pair has been exhibiting a prolonged consolidation pattern.

He expresses interest in what may unfold next with the pair but does not provide a specific forecast.

Shapiro previously reported the U.S. dollar rallying as front end yields rose, while gold, silver, bitcoin, and copper fell to session lows, according to a recent post. In a separate note, he identified Broadcom’s AI revenue guidance miss as a significant repricing signal for the sector in 2026, detailed here. These observations place his current focus on USDJPY in the context of his broader coverage of key market drivers.

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