Hokutosei's Practical Forex Trading： BUY－EUR/USD

■Position changes and signs - February 1, 2024

In the morning in Tokyo, the yen appreciated against the dollar. As European time approaches, the yen appreciates against the dollar. From NY to London fixes, the dollar is weak. The dollar weakened at the close in NY.

The daily balance changed to EUR/USD buy 1.0853 and moved to an overnight position. *GBP/USD sell 1.2693 has been cancelled.

After 11 o'clock in New York, the dollar depreciated across the board.

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■USD/JPY

1/31－SELL＠147.41

1/30－BUY＠147.60

1/29－SELL＠147.71

1/25－BUY＠147.65

1/24－SELL＠147.95

(LAST＠146.42)

Decline confirmation point-146.36　Return resistance-146.85

■EUR/USD

2/01－BUY＠1.0853

1/31－SELL＠1.0828

1/30－BUY＠1.0832

1/25－SELL＠1.0865

1/24－BUY＠1.0881

(LAST＠1.0871)

Downside support-1.0816　Rising confirmation points-1.0838

■GBP/USD

1/30－BUY＠1.2698

1/25－SELL＠1.2719

1/24－BUY＠1.2711

1/23－SELL＠1.2704

1/18－BUY＠1.2680

(LAST＠1.2743）

Downside support-1.2675　Rising confirmation points-1.2706

■AUD/USD

1/31－SELL＠0.6593

1/29－BUY＠0.6597

1/22－SELL＠0.6578

1/18－BUY＠0.6569

1/09－SELL＠0.6698

(LAST＠0.6572）

Decline confirmation point-0.6536　Return resistance-0.6552

■EUR/JPY

1/29－SELL＠160.24

1/26－BUY＠160.50

1/12－SELL＠161.21

1/15－BUY＠159.19

1/12－SELL＠159.68

(LAST＠159.18）

Decline confirmation point-158.51 Return resistance-158.78

■GBP/JPY

1/29－SELL＠187.80

1/26－BUY＠187.81

1/24－SELL＠187.94

1/15－BUY＠185.22

1/12－SELL＠185.59

(LAST＠186.60）

Decline confirmation point-182.77 Return resistance-186.11

■AUD/JPY

1/31－SELL＠97.29

1/26－BUY＠97.21

1/22－SELL＠97.50

1/17－BUY＠96.90

1/12－SELL＠97.34

(LAST＠96.24）

Decline confirmation point-95.92 Return resistance-96.18