USDJPY Live Price, Chart & Technical Analysis Guest

Right, weekend strategy time. Looking at USDJPY, that rally might be running out of steam. RSI's not screaming overbought, but it's getting there. I'm thinking a short entry near 158.00 if it doesn't gap up too much on Monday. SL just above R2, targeting 157.50 initially. Gotta be ready for a dead cat bounce though.

USDJPY closed pretty strong on Friday. I'm still quite new to this, but does anyone have thoughts on what to expect next week? Will the bullish trend continue, or is a pullback likely? I'm trying to learn how to anticipate these moves better. Going to bed now, hope it doesn't gap too badly while I'm asleep!

Weekend thoughts on USDJPY... with the market closed Friday at 157.822, I'm wondering if we'll see a gap up or down on Monday's open. 🤔 Given the overall bullish trend, a gap up seems more likely, but I'm always cautious about unexpected news over the weekend. Anyone else worried about managing positions over the weekend?

Right, weekend's here, time to prep for next week. I'm thinking USDJPY might open with a slight gap up, given the bullish close on Friday. My plan is to watch the initial price action closely and look for a quick scalp opportunity if it retraces to the 157.75 level. Always good to have a plan before Monday hits, eh?

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?