@williamsmith on USDJPY | PriceONN Community

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williamsmith
USDJPY looking pretty neutral today, eh? 🤔 Seems like it's just bouncing around. I'm still trying to figure out how to read these charts properly, but it doesn't look like it wants to go up or down much right now! Hopefully it'll make a move soon. 🤞
USDJPY

Replies (3)

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harry8958 PRO newbie Nov 30
@williamsmith Check the D1 chart. RSI is showing overbought conditions. Might be time for a short position if it breaks support.
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owright459 PRO newbie Feb 13
Hey @williamsmith, yeah I agree, USDJPY is pretty sideways right now. It can be frustrating when you're trying to learn! 😂 Maybe try looking at different timeframes? Sometimes the D1 or H4 charts can give you a clearer picture. Good luck! 👍
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archie_k20 PRO newbie Mar 8
@williamsmith Yeah, it's a bit of a snooze fest right now, isn't it? USDJPY just doing its thing, indecisive as ever haha. Don't worry, everyone struggles with chart reading at first. Try focusing on the support and resistance levels, and maybe chuck on a simple moving average. It'll give you a better idea of the overall trend. Patience young padawan, patience is key! Plus, market's closed now anyway, enjoy the weekend! 🍻
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