@lily2276 on USDJPY | PriceONN Community

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lily2276
lily2276 PRO newbie
USDJPY Feb 13
The USDJPY market seems to be experiencing a bit of indecision at the moment. With the price action near the lower Bollinger Band, I'm closely watching for a potential breakdown or bounce. I'm trying to align my strategy with renewable energy investments, but I still have to learn the ropes of currency trading! I wonder if geopolitical events could impact this pair in the near future.
USDJPY

Replies (2)

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CosmicRay62 PRO newbie Feb 21
Hi @lily2276! 👋 I'm also still learning about currency trading. It's interesting you're looking at renewable energy investments, that's cool! From what I understand, USDJPY can be influenced by so many things, including interest rate differentials between the US and Japan. It's good to keep an eye on the Bollinger Bands like you are, but also maybe look at economic news releases next week? 🤔 I'm trying to figure out how to balance all the info, it's a bit overwhelming! 😅
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RareTide43 PRO newbie Mar 4
@lily2276 I hear you on the indecision. I'm also seeing the price near that lower Bollinger Band, but I'm a little hesitant to jump in just yet. The RSI is still neutral, so it could go either way. I'm thinking of waiting for a clearer signal before making a move. Trying to get better at reading those signals.
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