A.I. Range forecast for 30-Nov-2020 [Popular pairs against JPY]

A.I. Range forecasts of popular pairs against JPY until the end of Monday (UTC). For some whose last Trend and Momentum have been better fitted, their figures are also available below.

Japan is one of the biggest markets where FX trading is active among the private and corporate investors.

[AUDJPY]

Range forecast: 76.414 (-0.59%)  -  77.321 (+0.59%).

Confidence: 74.6%.

The chance of Downside swing is more considerable.

[EURJPY]

Range forecast: 124.1 (-0.34%)  -  124.64 (+0.1%).
Confidence: 71.6%.
The chance of Downside swing is more considerable.

[GBPJPY]

Range forecast: 138.12 (-0.31%)  -  138.6 (+0.04%).

Confidence: 73.9%.

The chance of Downside swing is more considerable.

[USDJPY]

Range forecast: 103.59 (-0.49%)  -  104.26 (+0.15%).

Confidence: 69.9%.

The chance of Downside swing is more considerable.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

A.I. Range forecast for 26-Nov-2020 [AUDJPY | EURGBP | EURNZD | EURUSD | GBPUSD | USDJPY]

The range forecasts of selected FXs for next 24h. The time-line is based on UTC as usual.

[AUDJPY] To the QROSS X Trend and Momentum

Range forecast: 76.409 (-0.43%)  -  77.144 (+0.52%) , for next 24 hours.
Confidence: 73.7%.

[EURGBP] To the QROSS X Trend and Momentum

Range forecast: 0.88877 (-0.28%)  -  0.8943 (+0.34%) , for next 24 hours.

Confidence: 69.7%.

[EURNZD] To the QROSS X Trend and Momentum

Range forecast: 1.6953 (-0.29%)  -  1.704 (+0.22%) , for next 24 hours.

Confidence: 74%.

[EURUSD] To the QROSS X Trend and Momentum

Range forecast: 1.187 (-0.28%)  -  1.1951 (+0.4%) , for next 24 hours.

Confidence: 73.2%.

[GBPUSD] To the QROSS X Trend and Momentum

Range forecast: 1.3329 (-0.18%)  -  1.3419 (+0.5%) , for next 24 hours.

Confidence: 74.4%.

[USDJPY] To the QROSS X Trend and Momentum

Range forecast: 104.12 (-0.13%)  -  104.48 (+0.21%) , for next 24 hours.

Confidence: 72.8%.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

A.I. Range forecast for 23-Nov-2020 [AUDJPY | EURGBP | EURUSD | GBPUSD | USDJPY]

The range forecasts of selected FXs for 24h from the next market opening. The time-line is based on UTC.

[AUDJPY] To the QROSS X Trend and Momentum

Range forecast: 75.643 (-0.22%)  -  75.968 (+0.21%) , by the end of Monday.
Confidence: 71.9%.
The chance of Downside swing is a little more likely than Upside.

[EURGBP] To the QROSS X Trend and Momentum

Range forecast: 0.88843 (-0.41%)  -  0.89316 (+0.12%) , by the end of Monday.
Confidence: 65.5%.
The chance of Upside swing is more considerable while Upside margin is limited.

[EURUSD] To the QROSS X Trend and Momentum

Range forecast: 1.1838 (-0.16%)  -  1.1885 (+0.24%) , by the end of Monday.
Confidence: 66.3%.
The chance of Upside swing is more considerable.

[GBPUSD] To the QROSS X Trend and Momentum

Range forecast: 1.3148 (-1.06%)  -  1.3354 (+0.49%) , by the end of Monday.
Confidence: 66%.
The chance of Upside swing is more considerable while Upside margin is limited.

[USDJPY] To the QROSS X Trend and Momentum

Range forecast: 102.96 (-0.83%)  -  104.49 (+0.64%) , by the end of Monday.
Confidence: 68.5%.
The chance of Upside swing is more considerable.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

A.I. Range forecast + Trend and Momentum for 18-Nov-2020 [EURJPY | GBPJPY]

Here are the forecasts for EURJPY and GBPJPY respectively as their Trend and Momentums are well fitted this time. The range forecast is for next 24 hours.

[EURJPY] To the QROSS X Trend and Momentum

Range forecast: 123.14 (-0.27%)  -  123.84 (+0.3%) , for next 24 hours.
Confidence: 74.2%.
The chance of Downside swing is a little more likely than Upside.

[GBPJPY] To the QROSS X Trend and Momentum

Range forecast: 137.68 (-0.32%)  -  138.93 (+0.58%) , for next 24 hours.
Confidence: 75.6%.
The chance of Downside swing is more considerable.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

A.I. Range forecast for 13-Nov-2020 [EURGBP | EURUSD | USDJPY]

The range forecasts for selected FXs until around the Monday afternoon. The time-line is based on UTC.

[EURGBP]

Range forecast: 0.89604 (-0.28%)  -  0.90099 (+0.27%) , until around the Monday afternoon.
Confidence: 63.7%.

The chance of Downside swing is a little more likely than Upside.

[EURUSD]

Range forecast: 1.1803 (-0.17%)  -  1.184 (+0.14%) , until around the Monday afternoon.
Confidence: 63.8%.

The chance of Downside swing is more considerable.

[USDJPY]

Range forecast: 104.55 (-0.15%)  -  104.92 (+0.21%) , until around the Monday afternoon.
Confidence: 69.6%.

The chance of Downside swing is a little more likely than Upside.

A.I. Range forecast + Trend and Momentum for 13-Nov-2020 [AUDNZD | GBPCAD | CHFJPY]

 The range forecasts for selected FXs until the end of Monday morning. The time-line is based on UTC.

[AUDNZD] To QROSS X Trend and Momentum

Range forecast: 1.0585 (-0.29%)  -  1.0652 (+0.34%) , until the end of Monday morning (UTC).
Confidence: 75.8%.

[GBPCAD] To QROSS X Trend and Momentum

Range forecast: 1.7235 (-0.34%)  -  1.7398 (+0.6%) , until the end of Monday morning (UTC).
Confidence: 72.3%.

[CHFJPY] To QROSS X Trend and Momentum

Range forecast: 114.38 (-0.23%)  -  114.88 (+0.21%) , until the end of Monday morning (UTC).
Confidence: 73.8%.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

A.I. Range forecast for 2-Nov-2020 [AUDJPY | EURGBP | EURUSD | USDJPY]

The range forecast until the end of next Monday for some major FXs. The time-line is based on UTC.

[AUDJPY]  To QROSS X Trend and Momentum

Range forecast: 73.032 (-0.62%)  -  73.664 (+0.24%) by the end of next Monday.
Confidence: 74.1%.
The chance of Downside swing is more considerable.

[EURGBP]  To QROSS X Trend and Momentum

Range forecast: 0.89689 (-0.29%)  -  0.90848 (+1%) by the end of next Monday.
Confidence: 78.1%.
The chance of Upside swing is more considerable.

[EURUSD]  To QROSS X Trend and Momentum

Range forecast: 1.1625 (-0.18%)  -  1.1668 (+0.19%) by the end of next Monday.
Confidence: 68.3%.
The chance of Downside swing is more considerable.

[USDJPY]  To QROSS X Trend and Momentum

Range forecast: 104.26 (-0.34%)  -  104.75 (+0.13%) by the end of next Monday.
Confidence: 67.8%.
The chance of Upside swing is more considerable while the expected margin will be limited.

It is possible that the Trend and Momentum indicate the different direction against the A.I.'s review.

As many are aware, the US presidential election is being held on 3-Nov in US time. Financial markets, including FX, are possibly impacted according to the outcome. It must be kept in mind.

Regarding Brexit, the internal market bill is being scrutinized and voted in the House of Lords on 9-Nov. Since the bill includes some controversial clauses, there is a certain possibility the Peers could block the bill. It is 2 months to go until the transition period is over.

European currencies [GBP, EUR and CHF] are surging against JPY in a coming week?

As the major stock indices in US, European and some Asia-Pacific markets have sharply tumbled this week, their monthly declines are marking the worst in the last several months respectively.

Japanese yen which is typically considered as a safe haven has gained for the time, and the Trend and Momentums indicate some European currencies could bounce back against JPY in a coming week.

GBPJPY Trend and Momentum

EURJPY Trend and Momentum

CHFJPY Trend and Momentum

The time is based on Universal time (UTC).

[A.I.'s review (GBPJPY)]

Range forecast: 134.51 (-0.52%)  -  135.93 (+0.53%) until the end of next Monday morning.

Confidence: 74.7%.

The chance of Downside swing is still considerable by the end of next Monday morning. The swing risk will be neutralized after that time.

[A.I.'s review (EURJPY)]

Range forecast: 121.43 (-0.34%)  -  122.26 (+0.35%) until the end of next Monday morning.

Confidence: 71.5%.

The chance of swing is little biased toward any directions by the end of next Monday morning. Then, the Upside swing is more considerable by the end of next Wednesday morning, and the swing risk will be neutralized.

[A.I.'s review (CHFJPY)]

Range forecast: 113.07 (-0.72%)  -  114.35 (+0.4%) until the end of next Monday morning.

Confidence: 75.6%.

The chance of Upside swing is a little more likely than Downside by the end of next Monday morning. Then. the Upside swing is more considerable by the end of next Tuesday morning. 

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

EURJPY jumped since the beginning of this week. Is the trend being neutralized? 20-Oct-2020

EURJPY has surged since the market opening on Monday, which currently stays around 124.59. Reviewed our forecast as of last Friday, it could say that the realized trend has been consistent with the forecast.

Today's Trend and Momentum indicates there is still a room of EURJPY going up while the A.I.'s review tells that the trend will be more neutralized.

[A.I.'s review]

Range forecast: 124.23 (-0.31%)  -  125.08 (+0.37%) , for next 24 hours.

Confidence: 73.6%.

The chance of Downside swing is a little more likely than Upside in next 24 hours. It will turn slightly Upside by this Friday's morning.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

EURJPY surging in next week? Trend and Momentum + A.I.'s review 16-Oct-2020

 As the trend and momentum of EURJPY well fitted, it indicates EURJPY is expected to surge in next week.

[A.I.'s review]

Our A.I. forecasts a short term range as below:

Range forecast: 123.08 (-0.19%)  -  123.75 (+0.35%) , until 10:15, Mon 19 Oct 2020 (UTC).

Confidence: 77.8%.

It also tells swing risk is neutral for both directions by the end of today. The chance of upside swing is more considerable from next Monday to Tuesday. Then, the risk will be observed as neutral.

To check Forex trading signals on your Android devices, download Forex Signal by QROSS X.

Godfather says: I spent my whole life trying not to be careless.

Godfather's discipline is worth not only for mafia nor yakuza but also for investors and traders.

Don Vito Corleone:

I spent my whole life trying not to be careless. Women and children can be careless. But not men.

Since the worst week for global stock markets, investors and traders should have been pessimistic under the market turmoil due to the fear of Covid-19 so called Coronavirus.
As the share price plunged overwhelmingly plunged last week, modest bounce back could have been expected at the beginning of this week. But how many of them could confidently foresee today's market swing, particularly in US markets where DJIA (Dow Jones Industrial Average) shot up above 5.0% in a single day?  There were some positive signs in the markets today, as Bank of Japan and Bank of England ensured their help for the Coronavirus crisis, and Mr.Trump slammed Fed "slow to act". Meanwhile, RBA (Reserve Bank of Australia) will be the first to have the rate decision at 2:30PM on 3-Mar (Local time). Some says that RBA will be forced to cut the rate because of the market turmoil, but US markets closed with huge recovery today and it became unclearer if RBA will cut or keep the rate.

While the markets turned positive today, we didn't get any breakthrough against Coronavirus. For a last few days, we were talking about supply chain problem, travel restriction and economic damage by them. Some says the global GDP could lose a quarter of the forecast even in "mild" scenario whose other scenarios are "modest" and "severe" respectively. The number of cases are now increasing outside of China, including Europe and US as concerned.

As more analysis results came out over the weekend, those mitigated uncertainty of the impact of Coronavirus. But negative outlook looms for coming months possibly beyond 2020. During the financial crisis in 2008, the markets had been down to the bottom on a bumpy ride. It is still likely to see the second round of massive sell-off near future, perhaps in this month again. Who knows?
That's why we have to learn from Godfather's discipline.

Seems little help the financial market as invisible Coronavirus surrounding globally 1-Mar-2020

Since the late last Friday to over the weekend, some good news and bad news are running the world. But as Covid-19 cases continue increasing globally, there is little sign mitigating uncertainty surrounding the societies.

Global stock markets have suffered from massive sell off, which is the worst since the financial crisis in 2008. Although Fed implied their rate cut in March and it recovered the US markets before closing on last Friday, more and more Coronavirus cases are confirmed day after day.

Apart from Coronavirus stories, US and Taliban signed a peace agreement on Staturday, which is a good news in those days. However, it is not good enough news to boost the current grim mood because it is unclear if the agreement actually bring a peace in Afghanistan for coming months. (The Guardian: US and Taliban sign deal to withdraw American troops from Afghanistan)
By the way, the market would little care about another good news of Mr.Boris Johnson's private.

FTSE 100
Financial crisis (2007 - 2008), down 40% from peak.

Traders are keen to the tomorrow's market opening of which Asian & Pacific market is on top. Even though the major global markets are closed, the weekend markets help to anticipate the next market opening.

Hong Kong HS50 (Hong Kong),
DAX 30 (Germany),
FTSE 100 (UK),
DJIA (US)
at IG group respectively.

FTSE 100
Last 2 years, down 16% from peak. Just a beginning perhaps...

Unless any breakthroughs are implemented, this economic stagnation would be just a beginning and it is too soon to hunt cheap shares. Japan's PM Shinzo Abe called unprecedented school closure in nationwide this weekend, and it will be effective from Monday tomorrow. No such announce has been called for workers yet while some parents who have small children are arguing about difficulty to take care of their children during the school closure. If the situation is becoming worse, it could be inevitable for the government to limit the economic activities and it will be certainly a critical damage to the vulnerable economy as Chinese economy is slowing down already.
European countries are also reacting to Coronavirus spreading by emergency measures, such as cancellation of public gatherings or stricter boarder controls. Travel agencies or flight operators must be affected pretty badly.
Of course, United State is not the exception. It just recorded a first death case by Covid-19 this weekend. US stock market has been strongest for last years, but it is not clear how much Fed rate cut could stop further panic in the markets.

Unlike the financial crisis in 2008, the coronavirus does not only crash the financial markets, but possibly cease the most of people's activity. Nobody wants such draconian measures taken in Wuhan, but nobody wants to be infected by Covid-19, either. In short term, people will demand mental care, rather than vaccine which it expects to take more than a year to be supplied.

Japanese and Russian stock markets opening just after the bank holiday 24-Feb-2020

Global stock market plummeted on this Monday as Coronavirus (Covid 19) outbreak severely hit South Korea and Italy over the last weekend. One of the big Asian markets, Japan had a bank holiday this Monday and it is opening in a few hours from this time since the other market dived into the bloodbath. Japan is also facing uncertainty of Coronavirus spreading as increasing number of patients even excluding ones from Diamond Princess. Russia had a bank holiday on this Monday, too.

In the mean time, Japanese index Nikkei 225 futures market has gone down around 4.7%, and the index's opening price is also expected down near by the same level after the fair value adjustment.

Along with the Japanese market, other Asian and Pacific markets are also opening in the near time zone. If the other markets were bouncing back from the last miserable closing, the potential damage on Japanese market could be limited. This Monday, Australia's ASX 200 index has gone down by 2.25% but its future market does not indicate clear relief yet. US market was also bearish, which was the worst in 2 years. Dow Jones Industrial Average has lost more than 1,000 points equivalent to nearly 3.6%.

Sometimes, good news are suddenly coming in, but Asian and Pacific markets could not be optimistic yet, particularly Japanese market.

Here is the list of global stock indexes.

[Asia & Pacific]

(Australia) S&P/ASX 200
(China) SSE Composite Index

(Hong Kong) Hang Seng Index
(India) S&P BSE SENSEX

(Japan) Nikkei 225 Index
(New Zealand) S&P/NZX 50
(S Korea) KOSPI Index

(Singapore) STI Index

[Europe / Middle East]

(France) CAC 40

(Germany) DAX

(Italy) FTSE MIB

(Norway) OSLOStock Exchange All Index

(Russia) RTSI Index

(Saudi Arabia) Tadawul All-Share Index
(Spain) IBEX 35

(Sweden) OMX Stockholm 30
(Switzerland) Swiss Market Index
(UAE) Abu Dhabi Securities Market General Index

(UK) FTSE 100

[Africa]

(Nigeria) Nigerian Stock Exchange All Share Index
(South Africa) FTSE/JSE Africa All Share Index

[North/South America]

(Brazil) IBOVESPA

(Canada) S&P/TSX Composite index

(US) Dow Jones Industrial Average

Swiss Franc (CHF) bullish in a coming week? Trend and Momentum on 5-Jul-2019

As a result that Switzerland and EU failed to agree on their future relationship, the investors of each economy are not able to trade stocks listed on each other's stock exchange since last Monday. While the impact for the long term is still not clear, some says there is no immediate impact on Swiss side and EU maybe more badly affected. Another source says high frequency traders will be the most affected badly.

>> [SWI] Has the EU scored an own goal with Swiss stock exchange freeze?
>> [Bloomberg] Swiss Stocks Trade Smoothly on Day One Without EU Recognition

In the meantime, some trend and momentum of CHF indicates that CHF could surge in a coming week. Picked up some better fitted ones, here is the trend and momentum of CHFJPY and USDCHF respectively.

[CHFJPY]

[USDCHF]

To check Forex trading signals, download Forex Signal by QROSS X.

Japanese Market sleeping for a coming Golden week, USDJPY vs N225

This year, Japanese people have the longest consecutive national holidays for 10 days, and it started today. Tokyo market will have been closed for next week and on Monday in another week after the next. While Japanese stock market is closed, Forex market is opened in the world and the price naturally moves in Japanese Golden week.

As many investors who look at Japanese market know, N225 and USDJPY are positively correlated though the correlation has been relatively lower than before. Still, compared with other markets, for example FTSE100 vs GBPUSD, CAC40 vs EURUSD or DAX vs EURUSD, the two indexes of N225 and USDJPY have always positive correlations for a reasonable time frame (e.g. 1 year).

The point of this Japan's holiday season is how N225 moves on the first business day after the Golden week, 7-May-2019. Let's have a look at the historical correlation between N225 vs USDJPY, whose correlation period is 250 points for each.

[USDJPY and N225 for last 5 years]

[250 days Correlation USDJPY vs N225]

The current correlation (250D) is at around 40%. Whatever this number is considered, it could anticipate N225 after the holidays follows the direction of USDJPY for next week. USDJPY's latest closing is at around 111.60. Japanese investors would hope the market not to be volatile drastically...

The one side correlation seems be particular in Japanese market, and it is not for some other markets. In European markets, the stock indexes and exchange rates are correlated actually, but the correlation moves in positive as well as negative territories.
Look at other examples in European markets, the below figures describe the correlation between FTSE100 vs GBPUSD.

[GBPUSD and FTSE100 for last 5 years]

[250 days Correlation GBPUSD vs FTSE100]

And the correlation between CAC40 vs EURUSD and DAX vs EURUSD. (Correlation figure only)

[250 days Correlation EURUSD vs CAC40 and DAX respectively]

Their latest correlations are positive, but the numbers are varied from time to time more than Japanese market. However, Europeans do not have such Golden week anyway...

Review of New Zealand Dollar for last 3 days

Having recently posted an article about NZD forecast, we review those forecasts of NZDCAD, NZDUSD and NZDJPY which were picked up.

Although some of them once downed further, NZD has reverted against the downward trend for the past two weeks. It proves nothing in fact as no one can predict the future market at 100% surely. For the traders and our App users, it encourages that better fitted analysis would lead to more precise forecast.
Figures of those three FXs in Forecast vs Realized market are described as below. NZDCAD had downed a little bit more sharply at the analysis, and it seemed to have less room to deepen further for last 3 days.

[NZDCAD Forecast vs Realized market]

NZDCAD Trend & Momentum on 23-Apr-2019

NZDCAD 23 to 26-Apr-2019 (TradingView)

[NZDUSD Forecast vs Realized market]

NZDUSD Trend & Momentum on 23-Apr-2019

NZDUSD 23 to 26-Apr-2019 (TradingView)

[NZDJPY Forecast vs Realized market]

NZDJPY Trend & Momentum on 23-Apr-2019

NZDJPY 23 to 26-Apr-2019 (TradingView)

To check Forex trading signals, download Forex Signal by QROSS X.

NZD reviving in a couple of weeks? Trend and Momentum on 23-Apr-2019

NZD has sharply fallen since the late of last month. Particularly, NZDUSD has been downed by about 3.5%, and NZDCAD by 3.8% respectively.
It might have been a tricky situation in the forex market in this April, not just only for NZD but also for CHF which experienced a worst month since 2017 according to Bloomberg.

[Bloomberg] Franc Set for Worst Month Since 2017 Means SNB ‘Sleeps Easier’
The franc is headed for its worst month in almost two years, bringing relief to Swiss policy makers seeking a weaker currency in their quest to revive inflation.

The currency has lost about 2.5 percent of its value against the euro this month, a depreciation not matched since July 2017. The drop is spurring a re-think among some analysts, who are looking to revise their currency forecasts given the collapse in market volatility that has failed to boost demand for haven currencies.

In the meantime, the Trend and Momentum signals indicate NZD could revive in a coming week. The signals against USD, CAD and JPY.

NZDUSD Trend and Momentum on 23-Apr-2019

NZDCAD Trend and Momentum on 23-Apr-2019

NZDJPY Trend and Momentum on 23-Apr-2019

To check Forex trading signals, download Forex Signal by QROSS X.

USD downward trend in a coming week?

ECB's (dovish) decision shocked Forex market yesterday as their negative outlook to the European economy and geopolitical uncertainties over the world, such as Brexit, US-China trade war, ...

On the other hand, in short term horizon, USD have been relatively stronger for a last couple of week against major currencies JPY, CHF, AUD, NZD, GBP and EUR of course. Our trend and momentum signals indicate this bullish USD could get bounce back. In the next week, more stories about Brexit anticipated, the market could turn more negative mood. If it is, JPY or CHF which are traditionally safe asset in bearish market can be relatively stronger in the negative market.

Here are some of snapshots from the trend and momentum charts. Those are as of the beginning of today (UTC).

[GBPUSD Trend and Momentum 8-Mar-2019]

[AUDUSD Trend and Momentum 8-Mar-2019]

[EURUSD Trend and Momentum 8-Mar-2019]

EURUSD jumped after yesterday's ECB decision.




[NZDUSD Trend and Momentum 8-Mar-2019]

[USDCHF Trend and Momentum 8-Mar-2019]

[USDJPY Trend and Momentum 8-Mar-2019]

To check Forex trading signals, download Forex Signal by QROSS X.

Brexit just made another market turbulence but see it in longer term

Brexit brought another turbulence into the financial market, GBP diving around 10% against JPY,  USD and massively down against other currencies.

This is absolutely massive scale, but is it so fresh? It is not. Nowadays, many people tend to forget something past so quickly as perhaps flood of information from the internet and media. Remembering just 1 year and a half ago, Swiss Franc (CHF) shot up around 15% against GBP, obviously whose scale is more than Brexit impact.

Lehman crisis had a clear message of credit market overestimated, and in fact that one biggest bank collapsed in public. So it is normal that people do not want Lehman's shares any more. 

Unlike insolvent, nothing will change from next Monday for British people's life drastically. To establish Brexit deal. it will take more than 2 years.

It is clear that British economy entered the unexplored zone meaning uncertainty. Detailed pros and cons are not on the main topic of referendum, but more or less driven by populism. Further research and publication make clear that economic effect at Brexit. Even a single sentence in EU constitute may clash GBP value.

It is understandable to sell GBP as its expected uncertainty, but why they buy JPY?  Looking at sovereign ratings or banking industry's ratings, there is no sign of strong-buy JPY. It had been traditionally always happened, but without economic reason, it is another sign of bended market.

As another trend, Gold price has started rising after years of downward trend.

By the way, keep eyes on Spanish election on Sunday

>> Brexit could influence Spanish election amid surge in support for hard-left party

Another monetary easing by BoJ? 23-Apr-2016

JPY has been weaken sharply on Friday, where GBPJPY was at around 156.8 at the opening and it closed at around 161.0.
Ahead of BoJ meeting on 27 - 28 next week, according to some local sources, the market consensus expect another monetary easing is possibly released by BoJ, and JPY has fallen as well as the stock index, Nikkei 225 going up. As already mentioned in this Forex Flyer, N225 is actually N225/JPY and N225 going up doesn't always mean the stock is becoming more valuable in particularly in such cases.
It could say this movement is speculation in the short horizon. After the BoJ meeting, if no further policy is introduced, the market can be reversed to strong JPY and the stock market plunged, but again, it would not mean the stock is less valuable.

Nowadays, more and more news are coming up day by day, and Newsensus allow you to read news in more time-efficient way.