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

EUR/JPY – Bearish signals emerge — 12/03/24
EUR/NZD – hard bounce — 12/02/24
GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24

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