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USD/JPY Mid-Day Outlook

Analytic Dave

Mar 8, 2023

Daily Pivots: (S1) 136.07; (P) 136.63; (R1) 137.72; More… Intraday bias in USD/JPY stays on the upside at this point. Current rally from 127.20 would target next fibonacci level at 142.48. On the downside, break of 135.35 support is needed to indicate short term topping. Otherwise, outlook will remain bullish in case of retreat. In […]

The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

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Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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Q1: What is the best trading indicator?
A: Commonly used indicators include Moving Averages, RSI, MACD, and Bollinger Bands.

Q2: Can I rely solely on indicators?
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