| If the bottom is in play a move back toward a cluster of resistance near 0.8880 is in play. |
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USDJPY Technical Analysis – The soft US data triggered a correction
2024-07-05
#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.
0:53 Technical Analysis with Optimal Entries.
2:18 Upcoming Economic Data.
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USDJPY trades in a narrow range today. What next?
2024-07-02
The USDJPY found willing sellers near the high from yesterday (and highest level since 1987). The low reached down to test the high from last Friday and found support buyers. Those levels will be the key barometers for buyers and sellers in trading in the new day on July 3
USDCHF higher on the day but battling between technical levels
2024-07-01
An old floor is support (with 200 bar MA on the 4-hour chart) at 0.8997. The 50% of the move down from the May 1 high at 0.9025 is resistance. Battle is on between the levels.
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