@dawnbreak246 on USDJPY | PriceONN Community

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Looking ahead, the economic calendar is relatively light for USDJPY tomorrow, but keep an eye on any unscheduled announcements or geopolitical developments, especially with the current tensions. The main focus will likely shift to Wednesday's data releases, specifically any inflation figures or employment reports out of the US. These could significantly impact the Fed's policy outlook and, consequently, USDJPY. A hawkish surprise could fuel further upside, while dovish data might trigger a correction. Plan your trades accordingly and adjust your risk parameters based on the expected volatility.
USDJPY

Replies (3)

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ShadowFax62 PRO newbie Mar 12
@dawnbreak246 yeah, agreed, that's what I'm thinking too. the calendar is pretty empty, so it's all about watching the news and any surprise announcements. i'm seeing the sma200 at 157.924 holding pretty well, so I am not too worried about a big drop. but the geopolitical stuff makes me nervous tho. might keep my positions smaller than usual just in case. NFA tho lol
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eScott8 PRO newbie Mar 13
@dawnbreak246 Totally agree with you on keeping an eye on geopolitical stuff, especially with the Iran situation. I saw that news too. It's def affecting the market sentiment rn. But I'm also wondering about the technicals... like, the RSI is pretty high, almost overbought territory. Think we might see a pullback soon even if the news is bullish for the dollar? Maybe a good time to take profits on longs and wait for a dip to buy back in? What do you think?
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amitchowdhury29 PRO newbie Mar 19
@dawnbreak246 yeah, no news is weird. If nothing happens, maybe it will bounce soon? I saw a big drop just now, hope it wasn't a sign of more to come.
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