Outrageous Predictions
Executive Summary: Outrageous Predictions 2026
Saxo Group
Read Saxo's Outrageous Predictions for 2026, our latest batch of low probability, but high impact ev...
You can access both of our platforms from a single Saxo account.
Technical Update - Rebound time in USDJPY, EURJPY, AUDJPY and GBPJPY?
Kim Cramer Larsson
Technical Analyst, Saxo Bank
Summary: JPY pairs seem to be in rebound mode after heavy selling past couple of weeks. RSI indicator is support bearish move exhaustion
However, USDJPY seems to be the heavier of the JPY pairs where AUDJPY seems the pair more likely to be reversing to bullish trend.
EURJPY and GBPJPY could be caught range bound with high volatility for the rest of the year.
Here are the key levels to look out for
USDJPY has now failed 3 times to close below key support at around 141.70 and could be set for a minor rebound possibly up to the 0.618 retracement at 144.44 or 0.786 retracement at 145.38.
However, the trend is still bearish and will remain so until USDJPY is breaking above 146.60.
The declining 55 and 100 Daily Moving Averages are indicating underlying bearish trend and are adding to the overhead resistance
RSI is also in negative sentiment and with no divergence indicating USDJPY could resume downtrend a make new low below 141.70.
If USDJPY does in fact close below 141.70 a push towards 138 level would be in the cards
EURJPY having bounced from the 200 DMA several times now the cross could rebound further towards resistance at around 157.70 resistance. A close above 157.70 could give energy to the 0.618 retracement at 159.67. The divergence on RSI is supporting the rebound scenario.
If RSI is closing above its upper falling trendline it would further support the rebound
Key strong support at around 153.00 could be tested if EURJPY is trading back below the 200 Moving Average
AUDJPY is bouncing strongly off the rising trendline. Several time sellers have pushed AUDJPY below, but the cross has closed above every single time illustrating bullish strength.
RSI divergence is supporting the rebound scenario that could take AUDJPY to test the key resistance at 96,10.
A break above 96.10 could fuel further upside to the 0.618 retracement at 96.69 possibly up to the 0.786 retracement at 97.50.
A close below 94.60 and the down trend will resume towards 93.58 support
RSI divergence is supporting the rebound scenario that could take AUDJPY to test the key resistance at 96,10.
A break above 96.10 could fuel further upside to the 0.618 retracement at 96.69 possibly up to the 0.786 retracement at 97.50.
A close below 94.60 and the down trend will resume towards 93.58 support
GBPJPY has now bounced twice from strong support level around 178 and the 200 Moving Average.
During the selling pressure over the past couple of weeks divergence on the RSI has formed indicating exhaustion of the bearish move.
Further rebound is in the cards. A break above 181.75 is likely to fuel a rally towards 183.60-184.30.
A close above 184.32 will confirm GBPJPY bullish trend
RSI divergence is supporting the rebound scenario, However, a break back below 180 could see the pair once a gain moving towards the 178 level
Latest Market Insights
Outrageous Predictions 2026
-
-
Outrageous Predictions
A Fortune 500 company names an AI model as CEO
Charu Chanana
Chief Investment Strategist
Can AI be trusted to take over in the boardroom? With the right algorithms and balanced human oversi... -
Outrageous Predictions
Despite concerns, U.S. 2026 mid-term elections proceed smoothly
John J. Hardy
Global Head of Macro Strategy
In spite of outstanding threats to the American democratic process, the US midterms come and go cord... -
Outrageous Predictions
Dollar dominance challenged by Beijing’s golden yuan
Charu Chanana
Chief Investment Strategist
Beijing does an end-run around the US dollar, setting up a framework for settling trade in a neutral... -
Outrageous Predictions
Obesity drugs for everyone – even for pets
Jacob Falkencrone
Global Head of Investment Strategy
The availability of GLP-1 drugs in pill form makes them ubiquitous, shrinking waistlines, even for p... -
Outrageous Predictions
Dumb AI triggers trillion-dollar clean-up
Jacob Falkencrone
Global Head of Investment Strategy
Agentic AI systems are deployed across all sectors, and after a solid start, mistakes trigger a tril... -
Outrageous Predictions
Quantum leap Q-Day arrives early, crashing crypto and destabilizing world finance
Neil Wilson
Investor Content Strategist
A quantum computer cracks today’s digital security, bringing enough chaos with it that Bitcoin crash... -
Outrageous Predictions
Taylor Swift-Kelce wedding spikes global growth
John J. Hardy
Global Head of Macro Strategy
Next year’s most anticipated wedding inspires Gen Z to drop the doomscrolling and dial up the real w... -
Outrageous Predictions
SpaceX announces an IPO, supercharging extraterrestrial markets
John J. Hardy
Global Head of Macro Strategy
Financial markets go into orbit, to the moon and beyond as SpaceX expands rocket launches by orders-... -
Outrageous Predictions
China unleashes CNY 50 trillion stimulus to reflate its economy
Charu Chanana
Chief Investment Strategist
Having created history’s most epic debt bubble, China boldly bets that fiscal stimulus to the tune o...