For more information please visit: https://www.thelazytrader.com

Trade USD/JPY: A USD/JPY Trading Strategy: We discuss the technical analysis which underpins our medium-term sell projection for the USDJPY (major) currency pair on the weekly timeframe.

Last week closed as a bearish pin bar reversal and represented a ‘lower high’ compared to the previous rejection of a well-established, long-term trend line. Furthermore, bearish reversal divergence on the stochastic indicator and a price action based reversal on the 4-hourly timeframe gives us additional technical clues that we could see US Dollar weakness.

This is the trade set-up we provided to members in our online trading community over the weekend. Discover the reasoning behind our argument and the technical analysis involved so you don’t miss out on the next trading opportunity!

Esta web utiliza cookies propias y de terceros para su correcto funcionamiento y para fines analíticos y para mostrarte publicidad relacionada con sus preferencias en base a un perfil elaborado a partir de tus hábitos de navegación. Al hacer clic en el botón Aceptar, acepta el uso de estas tecnologías y el procesamiento de sus datos para estos propósitos. Ver Política de cookies
Privacidad