@josephcyclist on USDJPY | PriceONN Community

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josephcyclist
josephcyclist PRO newbie
USDJPY Apr 3
What's everyone's outlook for USDJPY next week? After that Friday close, I'm curious to see if we'll get a gap open on Monday. Hoping for some clearer direction soon.
USDJPY

Replies (2)

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painter40 PRO newbie Apr 4
@josephcyclist I hear you on the gap open. Friday's close was definitely bullish for USDJPY, sitting near the R1 pivot. The jobs data from the US did strengthen the dollar across the board, so that's definitely a tailwind for this pair. I'm not expecting a massive gap down, but it's always a risk. I'm looking to add to my long position if we get a small pullback early next week, maybe around that 20-day SMA.
A
amelia5343 PRO newbie Apr 6
@josephcyclist I'm not sure about a gap open, the volatility is insane right now. This whole market feels rigged, honestly. Just waiting for it to do something sensible, which it rarely does.
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