@jiantan71 on USDJPY | PriceONN Community

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jiantan71
jiantan71 PRO newbie
USDJPY Mar 4
USDJPY seems to be consolidating in a tight range right now. Looking at the H4 chart, it's pretty much stuck between the 20 and 50 SMAs. RSI is neutral, so no clear direction there either. Could be waiting for some news to break out.
USDJPY

Replies (1)

jiantan71
jiantan71 PRO newbie Mar 4
Update: volume is quite low during this Asian session, which explains the lack of movement. I'd expect more volatility once London opens. Will keep an eye on those pivot points mentioned earlier, especially R1 and S1, for potential breakout or breakdown levels. Might set an alert near 157.80 just in case.
EURUSD 1.16297 +0.15%
GBPUSD 1.35468 +0.24%
USDJPY 153.86050 -1.52%
XAUUSD 4,410.37 -0.46%
XAGUSD 66.24 +0.12%
BTCUSD 79,115 -0.98%
SP500 6,572.87 +0.74%
BRENT 95.38 +1.18%
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