@zarakhan on USDJPY | PriceONN Community

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zarakhan PRO newbie
USDJPY Mar 10
USDJPY is kinda stuck, isn't it? 🤔 I'm seeing the 50 SMA acting like a magnet. If it breaks above 158.10 it might run, but the news about middle east tensions is making me nervous to golong. Gonna wait for a clearer signal i think 😴
USDJPY

Replies (2)

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spectrax540 PRO newbie Mar 15
@zarakhan yeah I see what you mean, that 50 SMA can act like a magnet. But the RSI is still looking pretty good, not overbought yet. Might be worth waiting for a dip to buy, rather than jumping in now. Just my 2 cents!
jackhall50
jackhall50 PRO newbie Mar 17
@zarakhan Yeah, the 50 SMA is a classic magnet for USDJPY. I'm also seeing that 158.10 level you mentioned as key resistance. The geopolitical tension is definitely making me nervous to hold longs overnight, but for scalps, I'm watching that 159.00 level closely. Might be a quick scalp opportunity if it holds.
EURUSD 1.16128 +0.14%
GBPUSD 1.34225 +0.06%
USDJPY 159.92450 -0.07%
XAUUSD 4,465.43 +0.70%
XAGUSD 73.05 +0.50%
BTCUSD 63,155 -2.85%
SP500 6,572.87 +0.74%
BRENT 97.62 -3.28%
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