USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.93; (P) 147.40; (R1) 147.76; More… USD/JPY recovered after dipping to 145.88 today, drawing support from near term rising channel. Intraday bias remains neutral for the moment as consolidation form 147.88 could extend. But outlook remains bullish with 144.43 support intact. On the upside, above 147.88 will resume larger rise from 127.20, […]

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.