The 100 hour MA is now close support with swing area between 0.6287 to 0.63016 as resistance |
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The 50% comes in at 1.24532 of the move down from the December high. That is the close risk for buyer in the pair now.
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The price has ticked above the high of a swing area that is key to technical bias. Stay above a swing area between 1.4448 and 1.4466 keeps the bias to the upside.
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The pair is trading near the 1.0500 natural support level. What next?
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#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:52 Technical Analysis with Optimal Entries.
2:07 Upcoming Catalysts
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The kickstart video takes a technical look at the EURUSD, USDJPY and GBPUSD from a technical perspective
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