USDJPY The behavior of quotes indicates that sellers at the 142.40 level were 🚫 not allowed into their "green" territory 💚. The price barely touched their level and rushed away. Short-term - bullish momentum 🐂📈 prevails.
USDJPY closing all long positions here. as we have news coming up and it happens in my over night time dont want to be apart of it happy trading to everyone watchout for the crazy wicks and market plays.
We’re seeing both a double bottom and a double top on the hourly, but here’s something noteworthy — the 20 EMA has crossed below the 50 SMA on the 4H chart, signaling bearish momentum. Could this be hinting at potential interest rate cuts and a possible drop today? 👀