USD/JPY: Simple Trading Tips for Beginner Traders for August 18th (U.S. Session)
USD/JPY: Simple Trading Tips for Beginner Traders for August 18th (U.S. Session)
Trade Review and Tips on the
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Trade Review and Tips on the Japanese YenThe test of 147.31 coincided with the MACD indicator just beginning to move down from the zero line, confirming the correct entry point for selling the dollar. As a result, the pair declined by only 15 points.During the U.S. session, the NAHB housing market index is unlikely to significantly affect the direction of the USD/JPY pair. Market participants will likely shift their focus to other factors influencing this currency pair, primarily speeches from
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