Welcome to Explain The Charts, where we dissect the market news and analyze charts to help you make informed trading decisions! Today, September 26, 2024, we're diving into USDJPY, the US Dollar versus the Japanese Yen. This currency pair has been on a wild ride lately, with the US Dollar gaining strength against the Yen. We'll analyze the recent news surrounding the BoJ, the Fed, and economic data to understand the driving forces behind this trend. Then, we'll delve into the charts, looking at the 1-day, 1-hour, and 15-minute timeframes to identify potential support and resistance levels, reversals, and key price levels to watch. We'll also discuss potential bullish and bearish scenarios, short-term and long-term trading opportunities, and crucial things to look out for when deciding when and at what price to trade USDJPY. Join us as we break down the complexities of this volatile pair and uncover potential trading opportunities!
The charts shown are provided by TradingView.
This video is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.
26 сен 2024
