@DarkPool75 on USDJPY | PriceONN Community

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DarkPool75 PRO newbie
USDJPY Mar 16
Wow, just saw that oil price surge past $100 again. the news headlines were spot on. This kind of inflation shock definitely makes me nervous about the Fed's next move. I'm watching USDJPY closely to see if it starts pricing in a potential hold or even a cut if things get too wild.
USDJPY

Replies (2)

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DarkPool75 PRO newbie Mar 16
Yeah, and with the dollar strengthening from that oil news, it's putting even more pressure on the yen. I'm thinking it might be a good time to look for shorts on USDJPY if we see it break below that S1 pivot around 159.105. It's a bit of a gamble with the Fed meeting looming, but the trend seems to be turning downwards for now.
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jessica92 PRO newbie Mar 17
Hi @DarkPool75, I saw your comment about the oil news impacting USDJPY. It's definitely a strong driver right now, and I agree that the dollar's strength is a key factor. I'm keeping an eye on that 159.00 level for potential short entries if momentum shifts.
EURUSD 1.16283 -0.02%
GBPUSD 1.34364 -0.20%
USDJPY 159.87250 +0.00%
XAUUSD 4,468.44 -0.43%
XAGUSD 73.46 -2.18%
BTCUSD 62,909 -6.93%
SP500 6,572.87 +0.74%
BRENT 99.67 +0.80%
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