USDJPY skyrockets to new 20-year high above 133.00

USDJPY skyrockets to new 20-year high above 133.00

From xm.com

video USDJPY is flying towards a fresh 20-year high around 133.30, continuing the strong buying interest that started after the bounce off the 126.30 barrier. The 20- and 40-day simple moving averages (SMAs) failed to post a bearish crossover, changing their direction to the upside. The RSI indicator entered the overbought region, while the MACD is extending its bullish movement above its trigger and zero lines. Traders would be more willing to continue the bullish rally and if there is a closing day above the 133.00 round number then the next stop might be somewhere between the 135.15 barrier, which was registered ... (full story)

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Post #1
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Jun 8, 2022 7:11am Jun 8, 2022 7:11am

Pipper64
| Joined Jul 2016 | Status: Member | 114 Comments

Must be time to get on it then

Post #2
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Jun 8, 2022 8:48am Jun 8, 2022 8:48am

yoko
| Joined Jan 2016 | Status: Member | 25 Comments | Online Now

Quoting Pipper64

Disliked

Must be time to get on it then

Ignored

yes maybe after flash crash

Post #3
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Jun 8, 2022 9:33am Jun 8, 2022 9:33am

samdani786
| Commercial Member | Joined Feb 2008 | 111 Comments

Today's USD-JPY trade using" Creative IB System" for 170+ pips based on JPY Index chart's EW analysis.

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Post #4
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Jun 8, 2022 2:26pm Jun 8, 2022 2:26pm

Aspart
| Joined Oct 2012 | Status: Member | 51 Comments

USDJPY: 2 June 15:50 was also an entry point - why is it not marked? It is always easy to draw entry points on history. Show your statement. Stochastic trading is very funny))

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Story Stats

Posted: Jun 8, 2022 6:30am
Submitted by:
Newsstand

Category: Technical Analysis

Comments: 4 / Views: 1,825