Get started

Rectangle

USDJPY | Perspective for the new week | follow-up detailsThis is a follow-up video to my previous analysis on the USDJPY as trading activities were largely sideways during the course of last week's trading session. So, price action was caught within the 145.000 and 144.200 zone, emphasising the indecision in the market at this juncture. Though price action is still within the sell window at the psychologically important 145.000 area which was identified in my previous analysis (see the link which includes daily commentary for reference purposes), the current structure could lead either way as participants in this market anticipate NFP coming up this week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
4