@aahmed423 on USDJPY | PriceONN Community

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aahmed423
Weekend thoughts on USDJPY... curious to see how this market opens up on Monday. Given the volatility last week and that DXY news, do you guys expect a gap up or down, or do we just continue the choppy sideways action from Friday's close? Anyone got strong predictions for next week?
USDJPY

Replies (1)

aahmed423
aahmed423 PRO newbie Mar 20
And the DXY news about the Fed's hawkish hold is definitely something to watch. If the dollar strengthens significantly, it's likely to pull USDJPY higher, regardless of what those small candles look like. So, I'm leaning towards continued upside, but I'll be watching that 159.50 area closely. If we break that decisively, then we're looking at new highs for sure.
EURUSD 1.16079 -0.20%
GBPUSD 1.34231 -0.30%
USDJPY 159.89150 +0.01%
XAUUSD 4,466.66 -0.47%
XAGUSD 73.19 -2.54%
BTCUSD 63,563 -5.96%
SP500 6,572.87 +0.74%
BRENT 99.91 +1.04%
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