Hokutosei's Practical Forex Trading: BUY-USDJPY,EURJPY,GBPJPY,AUDJPY SELL-EURUSD,GBPUSD
FX
■Position changes and signs - February 2, 2024
The dollar is weak in the morning in Tokyo. As European time approaches, the yen weakens and the dollar weakens. From NY to London fix and Tokyo 26:00, the dollar is strong. At the close in New York, the yen weakened across the board and the dollar strengthened.
The intraday balance changed to 146.70 dollar yen buy, 1.0815 euro sell, 1.2670 pound sell, 159.90 euro yen buy, 187.30 pound yen buy, 96.60 Aussie yen buy, and shifted to overnight position. *Aussie buy 0.6590 has been cancelled.
The dollar strengthened across the board after the employment report. Towards the close in New York, the yen weakened across the board and strengthened against the dollar.
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■USD/JPY
2/02-BUY@146.70
1/31-SELL@147.41
1/30-BUY@147.60
1/29-SELL@147.71
1/25-BUY@147.65
(LAST@148.39)
Downside support-147.13 Rising confirmation points-147.69
■EUR/USD
2/02-SELL@1.0815
2/01-BUY@1.0853
1/31-SELL@1.0828
1/30-BUY@1.0832
1/25-SELL@1.0865
(LAST@1.0789)
Decline confirmation point-1.0825 Return resistance-1.0853
■GBP/USD
2/02-SELL@1.2670
1/30-BUY@1.2698
1/25-SELL@1.2719
1/24-BUY@1.2711
1/23-SELL@1.2704
(LAST@1.2633)
Decline confirmation point-1.2675 Return resistance-1.2711
■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@0.6513)
Decline confirmation point-0.6544 Return resistance-0.6569
■EUR/JPY
2/02-BUY@159.90
1/29-SELL@160.24
1/26-BUY@160.50
1/12-SELL@161.21
1/15-BUY@159.19
(LAST@160.10)
Downside support-159.51 Rising confirmation points-159.80
■GBP/JPY
2/02-BUY@187.30
1/29-SELL@187.80
1/26-BUY@187.81
1/24-SELL@187.94
1/15-BUY@185.22
(LAST@187.47)
Downside support-186.94 Rising confirmation points-187.23
■AUD/JPY
2/02-BUY@96.60
1/31-SELL@97.29
1/26-BUY@97.21
1/22-SELL@97.50
1/17-BUY@96.90
(LAST@96.65)
Downside support-96.49 Rising confirmation points-96.66
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