USDJPY Live Price, Chart & Technical Analysis Guest | US Dollar / Japanese Yen

With the market closed over the weekend, I'm always a little nervous about gap openings on Monday. USDJPY has been so bullish lately, and with all the geopolitical stuff happening (N3), I'm wondering if we'll see a big gap up or down. I'm considering tightening my stops or even closing out my position entirely just to be safe. Anyone else worried about this?

Thinking about reducing my USDJPY long position over the weekend. With that DXY strength and the news out of the Middle East (N3, N1), the risk of a gap down on Monday is pretty high. Better to lock in some profits and re-evaluate next week. Anyone else trimming positions?

Next week, I'm watching for a potential displacement move above 160 on USDJPY. If we get a strong impulsive candle, I might add to my long position. Otherwise, I'll be looking for a short setup if it rejects that level. The news will be the major driver as usual. Gonna be a volatile one for sure

Anyone else looking at USDJPY next week? With the DXY pushing highs, and geopolitical risks still in play, I'm expecting continued upside. I'm curious to hear what others are anticipating. Any thoughts on potential resistance levels beyond 160.00?

Planning my approach for Monday's open on USDJPY. Given the bullish momentum from last week, I'll be watching for a potential gap up. If it gaps up and holds above 159.80, I'll consider a long position, but with a tight stop loss just below the gap fill level around 159.65. I'm thinking of using a 1:2 risk-reward ratio initially, targeting 160.20. However, if it gaps down, I'll stay out and reassess. The dollar index strength is a key factor to watch too. I'll need to see how it reacts to the Middle East situation.