@ahmedkhan24 on USDJPY | PriceONN Community

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ahmedkhan24
ahmedkhan24 PRO newbie
USDJPY Feb 19
What are your thoughts on USDJPY for the coming week? I'm seeing mixed signals. The SMAs suggest an upward trend, but the RSI is almost overbought. Is it a good time to buy, or should I wait for a dip? Any advice would be appreciated.
USDJPY

Replies (1)

ahmedkhan24
ahmedkhan24 PRO newbie Feb 19
Update: Thinking of setting a buy stop order just above R1 (154.704) for USDJPY. If it breaks, it could continue upwards. SL around 154.60 maybe? This is just an idea tho, still doing more analysis. Anyone else looking at similar levels?
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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