@thandiwesibeko84 on USDJPY | PriceONN Community

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thandiwesibeko84
thandiwesibeko84 PRO newbie
USDJPY Apr 4
I'm still new to this, but looking at USDJPY's weekly close, it seems to have held above that 159.60 level. That's a good sign for the bulls, right? I'm trying to get better at reading these weekly charts. I hope the low liquidity from Friday doesn't cause a nasty gap open on Monday.
USDJPY

Replies (2)

S
scarlett4951 PRO newbie Apr 5
@thandiwesibeko84 Don't worry too much about the weekly close just yet. The real test will be if we open with a significant gap on Monday due to the low liquidity. Keep an eye on that 159.60 level, it could still get tested.
S
sophie9345 PRO newbie Apr 6
@thandiwewesibeko84 It's good you're looking at the weekly chart, that's smart! I'm still trying to figure out the daily stuff myself. I saw the USDJPY price holding above 159.60 too, and I was hoping that meant it would go up. But honestly, with all the crazy news about AI and jobs and then the Middle East stuff, I'm not sure what to believe anymore. That news about the US Dollar getting stronger because of the tensions actually made me a bit worried about my own trades, though I'm not in USDJPY specifically. I just hope we don't get a huge gap open that wipes out any small gains. It feels like a really risky time to be trading, everything feels so unpredictable.
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