USD/JPY: Simple Trading Tips for Beginner Traders for August 15th (U.S. Session)
USD/JPY: Simple Trading Tips for Beginner Traders for August 15th (U.S. Session)
Trade Analysis and Recommendations for the
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Trade Analysis and Recommendations for the Japanese YenThe test of 147.05 occurred when the MACD indicator had just begun moving down from the zero line, confirming a correct entry point for selling the dollar. As a result, the pair fell by almost 30 points.Demand for the yen persisted after a strong report released earlier in the day on Japan's GDP growth. However, this may change during the U.S. session. Market participants are focused on retail sales and industrial production data,
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