USD/JPY: a SELL trade idea

USD/JPY: a SELL trade idea

2021-04-08 • Dikemaskini

What's up?

The FOMC meeting minutes released on Wednesday showed that Fed officials are committed to supporting the economy until its recovery is more secure. Today the Federal Reserve’s Chair Jerome Powell may confirm in his speech that the US central bank aims to keep interest rates lower for longer.   

What does it mean for traders?

As we've established, the US dollar may find itself under additional pressure in the near term. What is the best way to trade on a weaker USD? Have a look at USD/JPY. The pair is facing the long-term resistance line at the current levels. In fact, it couldn’t rise above 111.00 and returned below 110.00. The further slide may take the price to the 200-week MA at 109.00. The Awesome Oscillator on the D1 shows potential for further decline.

Trade idea for USD/JPY

SELL at 109.40; TP 109.00; SL 109.55

USDJPYDaily.png

TRADE NOW

Serupa

Berita terkini

Deposit dengan sistem pembayaran tempatan anda

Notis pengumpulan data

FBS menyimpan rekod data anda untuk mengoperasikan laman web ini. Dengan menekan butang "Terima", anda menyetujui Polisi Privasi kami.

Callback

Pengurus akan menghubungi anda dalam amsa terdekat

Tukar nombor

Permohonan anda telah diterima

Pengurus akan menghubungi anda dalam amsa terdekat

Permohonan panggil balik seterusnya untuk nombor telefon ini
boleh dilakukan dalam dalam

Jika anda mempunyai isu yang perlu disegerakan, sila hubungi kami menerusi
Live Chat

Masalah dalaman. Sila cuba sebentar lagi

Jangan bazir masa anda – pantau bagaimana NFP mempengaruhi dolar AS dan kaut keuntungan!

Anda sedang menggunakan pelayar web yang versinya sudah lapuk.

Kemaskini kepada versi terkini atau cuba pelayar lain untuk penggunaan yang lebih selamat, selesa dan produktif.

Safari Chrome Firefox Opera