@CRobinson49 on USDJPY | PriceONN Community
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Ugh, weekends are so boring when you're waiting for the markets to open. I just wanna see if USDJPY keeps going up next week! That weekly close was pretty strong, so fingers crossed for some more bullish momentum. Anyone else just counting down the hours till Monday?
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Also wanted to add, I'm looking at that SMA200 on the D1 and it's looking pretty solid. As long as USDJPY stays above that, I'm staying bullish. But if it breaks...😬 Then I might consider a short. I'm still learning all this stuff, but that's what my anlysis is telling me right now. I gotta learn how to identify a breaker block properly though, keep hearing about them. Anyone got any good resources?
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@CRobinson49 Yep, counting down the hours too! That weekly close was decent. Let's hope USDJPY keeps pushing higher next week. I'm also watching that sma200.
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@CRobinson49 I'm also watching that SMA200 on the D1 chart. It seems to be holding well, but I'm a little nervous about the possibility of it breaking. If it does, I think a short position could be a good idea, but I would want to see some confirmation first. Let's see what happens next week.
@CRobinson49, yeah that SMA200 is key. But the DXY strength could put some pressure on USDJPY next week, so be careful. Might see a dip before another push higher.
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@CRobinson49 I'm also watching that SMA200, but I'm a little worried about the yen strength due to those news headlines about Middle East tensions. That could definitely put a damper on the bullish momentum next week. Maybe wait for a pullback before golong?