USDJPY Live Price, Chart & Technical Analysis Guest

Ugh, weekends are so boring when you're waiting for the market to open! I'm a bit worried about a gap opening on Monday with USDJPY. It's been so volatile lately. I might set an alert just in case it shoots up or down unexpectedly. Anyone else nervous about gaps?

This week's USDJPY trades were a bit of a mixed bag for me. Some good entries, some not so good. I did manage to close one position with a profit based on the SMA 20 crossing, but I need to be more disciplined with my stop losses. Let's hope for a better trading week ahead!

Waiting for Monday's open feels like an eternity! I've already reviewed my charts multiple times. Perhaps I'll spend some time reading up on economic indicators to better prepare for the week ahead. It's important to stay sharp and not let boredom lead to impulsive decisions.

Friday's close on USDJPY was rather interesting. Although it closed bullish, the RSI is still hovering around neutral territory, which suggests there might not be enough momentum to sustain a significant upward move. I am wondering if we will see a retracement early next week. The Bollinger Bands indicate a squeeze too, so a breakout is likely. I'll be watching closely for confirmation before making any major decisions. Perhaps a small long position to test the waters?

I'm holding a small USDJPY long position over the weekend. 😬 I've moved my stop loss up to 157.50 to minimise potential losses if there's a surprise drop on Monday. It's a bit nerve-wracking leaving it open, but I think the overall trend still looks bullish. Hopefully no crazy gap down!