Search

USD/JPY intraday: encountering resistance. (Triple Strategies reference.)

AvaTrade
AvaTrade
03-07

USD/JPY faces day-long downward pressure (For reference only, from Triple Strategy) - 2024-03-06 09:46:13

USD/JPY Today: Facing Resistance.

2024-03-06 09:46:13

Pivot Point: 150.25

Trading Strategy: Bearish below 150.25, with target levels at 149.70, followed by 149.45.

Alternative Strategy: Bullish above 150.25, with target levels at 150.45, followed by 150.60.

Technical Comment: The trend appears bearish as long as the resistance at 150.25 remains.

(Provided by third-party strategy for reference only.)

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Wiki

Contract for Difference (CFD)

Contract for Difference (CFD) refers to a financial derivative in which investors and counterparties engage in speculative or hedging transactions by exchanging the price difference of a commodity. Importantly, this occurs without the need to physically own or trade the underlying asset.

Organization

You Missed

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Contact Us

Social Media

Region

Region

Contact