USD/JPY – GDP sends it flying

Pro Act

USD/JPY – GDP sends it flying

By Pro Act Traders — Author

BULLISH: Forex Strategies: Currently we are at 145.31 in a channel in a range. We are looking for a continuation to the R4/ATR target @ 146.00 area. We anticipate a bearish reaction there. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 183 pips per day and it’s 90 day average is 161 pips per day. My Forex Analysis says USDX is currently up.

Posted to Introduction to Forex Targe… on Aug 29, 2024 — 8:08 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

USD/JPY – working a channel in a channel — 9/16/24
GBP/AUD – 5th wave in progress — 9/12/24
GBP/NZD – Can we break this top — 9/11/24
GBP/NZD – Continuing the channel — 9/10/24
CHF/JPY – continuation looks promising — 9/05/24

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act