USDJPY Analysis
| Performance after Wednesday | |||||
| Period | Pct | Chg | Momentum | ||
| Wednesday | -0.8% | -106.4 Pips |  |
||
| Week to-date | -0.33% | -43.7 Pips |  |
||
| March | -3.53% | -480.6 Pips | |
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Upcoming key events (London Time)
Fri 12:30 PM USD Durable Goods Orders Fri 12:30 PM USD Nondefense Capital Goods excluding Aircraft
What happened lately
📆 ☢️ 🇺🇸 USD Fed Interest Rate Decision (Federal Funds Rate) rose to 5% compared to previous rate 4.75%. Source
What can we expect from USDJPY today?
USDJPY on Wednesday dropped -0.8% to 131.37. Price is below 9-Day EMA while Stochastic is falling.
Updated daily direction for USDJPY looks mixed as the pair is likely to consolidate above 130.56 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 133.00 or trades above daily pivot 131.78. While to the downside, the daily low of 130.97 and 130.56 (S1) as immediate support levels. USDJPY need to break on either side to indicate a short-term bias. A close below 130.97 would indicate selling pressure.
For the week to-date, take note that USDJPY is bearish as the pair posted lower by -0.33%.
Key levels to watch out:
| R3 | 134.62 |
| R2 | 133.81 |
| R1 | 132.59 |
| Daily Pivot | 131.78 |
| S1 | 130.56 |
| S2 | 129.75 |
| S3 | 128.53 |
#USDJPY Trending on Twitter
#Forex M/E fund selling USD and Assets. FYG
Good size #DJI #USDJPY #GBPUSD
あらま！
４日連続の勝ちとかうそやんｗｗ
やや、ここで気ぃ抜いたらアカンでー
明日もしっかり分析するでー
ドル円とゴールドに絞ったのがよかったかな？
てか、諸先輩方の先出し分析に乗っかったから勝てたってのが大きいんだけどね(;^ω^)
#USDJPY
#XAUUSD
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