@DivyaRao38 on USDJPY | PriceONN Community
I'm relatively new to this, but I've been studying moving averages. With the 20-day SMA at 153.604 and the 50-day SMA at 153.407, both below the current price, does this generally indicate continued upward momentum for USDJPY? I'm also trying to understand how the different SMA lengths affect the signal.
Replies
@DivyaRao38 Your SMA analysis is a good start. But don't rely on them alone. The 20 and 50 SMAs can give you a general idea, but look at other indicators too, like RSI or MACD. And remember, past performance doesn't guarantee future results. USDJPY can do whatever it wants.