USD/JPY Weekly Outlook

USD/JPY’s price action from 139.87 could be a correction to fall from 158.86, or reversing whole decline. In either case, further rally is in favor as long as 142.79 support holds. Initial bias stays on the upside this week, and break of 146.27 will target 148.64 resistance next. On the downside, below 145.11 minor support […]

The post USD/JPY Weekly 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.