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DOLLAR DIPS TWO WEEKS IN A ROW AMID POSITIVE ECONOMIC NEWS | InvestmentBell

AnalyseMarktübersichtDOLLAR DIPS TWO WEEKS IN A ROW AMID POSITIVE ECONOMIC NEWS

DOLLAR DIPS TWO WEEKS IN A ROW AMID POSITIVE ECONOMIC NEWS

USD has been cornered by other major currencies for a couple of days regardless of the USA’s improved economy. A sharp bearish trend for USDJPY has been formed since last week, pushing the pair below the 138.200 mark. Other major currencies paired with the dollar, have been on a steady uptrend against USD irrespective of their shrinking economies.

USDJPY has tried to regain its market muscles severally but it is encountering strong resistance at around the 138.800  mark.

MY OPINION: USDJPY’s bullish setup is yet to be formed so there is no need to rush and make buy a entry.

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MORRIS-JACOB-WAWERU-GITHUKU65
MORRIS-JACOB-WAWERU-GITHUKU65
Ich verfüge über 3 Jahre Erfahrung im Devisen- und Kryptohandel, nachdem ich beim Forex-Broker Moneta Markets und beim Kryptowährungsbroker BITMARKET gearbeitet habe und derzeit als Introducing Broker bei HFM arbeite. Daytrading passt gut zu mir, da ich es lukrativer finde und meiner Handelsstrategie folgt. Ich handele während der Sitzungen in London und New York mit den Paaren USDJPY, EURUSD und AUDUSD. LinkedIn.com/in/morris-jacob-90911817a
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