USD/JPY Extends Its Downtrend – Sellers in Control
USD/JPY continues to extend its downtrend, trading around 149.455, and remains restricted within a parallel price channel.
The U.S. dollar remains weak in the market, making it difficult for USD/JPY to find any recovery momentum. From a technical perspective, the pair has yet to show signs of a strong reversal, as the EMA 34 continues to trend downward with no sign of ending.
Bearish market sentiment persists, keeping selling pressure high and extending USD/JPY’s losing streak.
From a personal standpoint, as long as sellers defend the price channel, selling strategies remain a priority. What about you?
The U.S. dollar remains weak in the market, making it difficult for USD/JPY to find any recovery momentum. From a technical perspective, the pair has yet to show signs of a strong reversal, as the EMA 34 continues to trend downward with no sign of ending.
Bearish market sentiment persists, keeping selling pressure high and extending USD/JPY’s losing streak.
From a personal standpoint, as long as sellers defend the price channel, selling strategies remain a priority. What about you?
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✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+QXTdazFwCRg5MGNl
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.