USDCHF bounces off the support target at 0.8819. Buyers are making a play.

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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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

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.