My trading journey with FXOpen

[radex78]

USDJPY still seems to have the potential to extend its rise, USD strengthened despite mixed US economic data.

 

[radex78]

USDJPY still seems to be extending its rise, the Japanese Yen is weakening against USD, and pending orders are far from being touched.

 

[radex78]

The USDJPY pair fell yesterday but did not hit pending orders and tried to rise again, the price is near the middle band now waiting for the Fed's decision.

 

[radex78]

USDJPY rose hit a stop loss, and USD strengthened against other major currencies including gold and silver.

 

[radex78]

Waiting for the release of the US Core PCE Price Index USDJPY jumped yesterday reflecting the weakening of the Japanese Yen against the USD.

 

[radex78]

The US PCE index data released yesterday by the Bureau of Economic Analysis according to the actual forecfactory data was 0.1% smaller than the forecast 0.2% from the previous revision of 0.3%.

Pending orders not hit yet

 

[radex78]

USDJPY rebounded last weekend and maybe only temporarily, pending orders have not been touched, and Monday's market may be a bit sluggish.

 

[radex78]

The market is expected to be sluggish ahead of Christmas, several banks have closed, cutting profits on USDJPY before Christmas.

 

[radex78]

The market is closed on Christmas day, yesterday's USDJPY pending order position is far from being touched, the market is flat ahead of Christmas.

 

[radex78]

On Monday, no high impact news will be released, ahead of the New Year holidays, the market may be sluggish, short-term trading.