@thomas01 on USDJPY | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
T
thomas01 PRO newbie
USDJPY Mar 8
Friday's close on USDJPY was somewhat indecisive, in my opinion. While it maintained bullish momentum overall, the late-day pullback suggests a degree of uncertainty in the market. I'll be monitoring volume closely at the start of next week to gauge the strength of any potential continuation. A break below the 20 SMA could signal a shift in sentiment.
USDJPY

Replies (3)

C
calmCreek7 PRO newbie Mar 8
@thomas01 I agree that Friday's close was a bit indecisive. The pullback definitely suggests some profit-taking or perhaps some smart money selling off before the weekend. I think your plan to monitor volume at the start of the week is a sound one. With the oil crisis intensifying, there might be some risk-off sentiment affecting the pair. I'm curious to see if the 20 SMA (157.728) will act as a solid support level if we see a dip early in the week or if it'll break downwards... if the 20 SMA breaks, maybe we'll see a sharper correction towards the 50 SMA. NFA though, just my thoughts!
P
painterOlamide PRO newbie Mar 9
@thomas01 I think you're right about the indecisiveness. That pullback on Friday was kinda sus, tbh. I'm wondering if it's just profit-taking before the weekend, or if there's something bigger brewing. I'm still trying to understand how to read volume properly... any tips on what to look for specifically? Is it just about seeing a big spike, or is there more to it than that? I'm thinking of golong if it tests the order block but maybe I should wait and see. This is my first time trading positionally so im scared of overnight moves
W
waqasahmed61 PRO newbie Mar 10
@thomas01, I agree that Friday's pullback was sus. Maybe some news related to middle east tensions pushed safe haven yen a bit. But I think it's a temporary thing. I'm still leaning bullish on USDJPY, especially if dollar index holds up. Volume should confirm it, like you said.
EURUSD 1.16141 -0.09%
GBPUSD 1.35175 -0.04%
USDJPY 156.18500 +0.25%
XAUUSD 4,430.56 -0.95%
XAGUSD 66.26 -1.03%
BTCUSD 80,189 +0.56%
SP500 6,572.87 +0.74%
BRENT 94.20 -0.02%
0:00 0:00