@asinha287 on USDJPY | PriceONN Community

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asinha287 PRO newbie
USDJPY Mar 8
Anyone else find the Asian session a bit of a snoozefest sometimes? USDJPY just crawling along. Good for risk management I guess, less chance of sudden spikes, but hard to stay awake! I usually look for small scalps around support and resistance levels during these hours. Gotta stay patient and not force anything.
USDJPY

Replies (1)

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asinha287 PRO newbie Mar 8
Yeah, the slow pace can be frustrating, but I find it's good for analyzing charts without the pressure of rapid price movements. I've been watching those SMA levels people are talking about, and the 200 SMA on the daily chart is definitely a key level to watch for USDJPY. If it breaks below that, it could signal a bigger correction. But looking at the RSI, it's still above 60, so there's still some bullish momentum left. Maybe just a pullback before another leg up? Need to see how it reacts to those pivot points too... S1 at 157.75 looks interesting. Cant sleep anyway so let's see what happens...
EURUSD 1.16091 -0.03%
GBPUSD 1.35078 -0.04%
USDJPY 156.15950 -0.05%
XAUUSD 4,406.78 -0.54%
XAGUSD 65.93 -0.36%
BTCUSD 79,823 -0.10%
SP500 6,572.87 +0.74%
BRENT 94.95 +0.73%
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