@emily5058 on USDJPY | PriceONN Community

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emily5058
emily5058 PRO newbie
USDJPY Mar 1
Given the current geopolitical climate, especially with the news regarding the US and Israel, I'm curious to see how USDJPY reacts at the open. Safe-haven assets might see increased demand initially. What are everyone's expectations for the pair next week? Any thoughts on potential gap openings?
USDJPY

Replies (1)

emily5058
emily5058 PRO newbie Mar 1
Update: Considering the weekly close, the pair seems to be holding around the 50 SMA, which could act as initial support. However, with the increased uncertainty due to the news, I'll be closely monitoring the early price action. A break below 155.90 might signal further downside.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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