USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 139.50; (P) 139.89; (R1) 140.49; More… USD/JPY retreats notably in early US session. But further rally is still expected as long as 139.27 support holds. Current rise from 127.20 should now target 142.48 fibonacci level next. Nevertheless, break of 139.27 will now indicate short term topping and turn bias back to the […]

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

ActionForex.com
Next Post Previous Post
No Comment
Add Comment
comment url

Readers also liked:

Quote of the day! ⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️ 100%

sr7themes.eu.org
CLOSE ADS
CLOSE ADS

Unlock more content

Analyticdave thrives because of the support of people like you. Please support us by watching a short ad.

FAQ

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?
A: No. Combine indicators with risk management and market analysis.

Q3: How many indicators should I use?
A: 2-3 complementary indicators are ideal to avoid conflicts.

Q4: Are trading indicators useful in crypto markets?
A: Yes, but combine with volatility indicators due to high swings.

Q5: How do I combine indicators effectively?
A: Use one trend, one momentum, and one volume/volatility indicator for confirmation.