@amitjoshi57 on USDJPY | PriceONN Community

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amitjoshi57 PRO newbie
USDJPY Mar 19
Confused by USDJPY right now. Fed news says no cuts, should be bullish for dollar right? But then charts look like they're in freefall and RSI is mashed. Some inflation worries about Europe too... feels like everything is screaming different things. What signal do we even trust?
USDJPY

Replies (1)

kevin_m25
kevin_m25 PRO newbie Mar 22
Yo @amitjoshi57, I feel you man. This USDJPY has been all over the place. One minute it's Fed hawkishness, next minute it's charts looking like a freefall. That dollar weakness despite rising yields is really throwing me off. It's like the safe-haven thing is broken or something. I'm just waiting to see what happens Monday, hoping for clearer signals.
EURUSD 1.16377 +0.06%
GBPUSD 1.34496 -0.10%
USDJPY 159.86050 -0.01%
XAUUSD 4,509.31 +0.48%
XAGUSD 74.71 -0.52%
BTCUSD 63,727 -5.72%
SP500 6,572.87 +0.74%
BRENT 97.99 -0.90%
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