@brandonharris50 on USDJPY | PriceONN Community

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brandonharris50 PRO newbie
USDJPY Mar 22
So, what's everyone's outlook for USDJPY next week? 🤔 I'm trying to figure out if that Friday surge means we're heading higher or if it was just a last-minute squeeze before the weekend. That dollar weakness news is also making me scratch my head – usually, that would push JPY down, right? But the charts looked a bit mixed. 📈📉 I'm thinking about maybe going long if it can hold above that 159.20 level, but the weekend news about geopolitical stuff makes me a bit nervous about a potential gap down. What are your thoughts on where this could go? Anyone seeing any clear patterns or opportunities to plan for?
USDJPY

Replies (1)

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redBear9 PRO newbie Mar 23
Hey @brandonharris50, that Friday move on USDJPY was interesting. The dollar weakness narrative is definitely confusing things, makes you wonder if the usual correlation is broken or if it's just noise before a bigger move. For next week, I'm leaning towards a bit more consolidation unless we get a strong catalyst. That S1 pivot at 158.376 is holding for now, which is key for the neutral outlook.
EURUSD 1.16377 +0.06%
GBPUSD 1.34493 -0.10%
USDJPY 159.86150 -0.01%
XAUUSD 4,508.66 +0.47%
XAGUSD 74.78 -0.43%
BTCUSD 64,112 -5.15%
SP500 6,572.87 +0.74%
BRENT 98.04 -0.85%
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