Hokutosei's Practical Forex Trading：Sell USD/JPY

■Position changes and signs - February 20, 2024

The dollar is strong in the morning in Tokyo. As European time approaches, the yen weakens across the board and the dollar strengthens. From NY to London fixes, the dollar is weak. The dollar weakened at the close in NY.

The daily balance changed to USD/JPY selling 150.01, and we moved to an overnight position. *EUR/USD sell 1.0771, GBP/USD sell 1.2595, AUD/USD sell 0.6534 have been cancelled.

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■USD/JPY

2/20－SELL＠150.01

2/19－BUY＠150.10

2/15－SELL＠150.48

2/07－BUY＠148.03

2/06－SELL＠148.44

(LAST＠150.00)

Decline confirmation point-149.98　Return resistance-150.15

■EUR/USD

2/15－BUY＠1.0755

2/12－SELL＠1.0775

2/07－BUY＠1.0760

2/02－SELL＠1.0815

2/01－BUY＠1.0853

(LAST＠1.0808)

Downside support-1.0791　Rising confirmation points-1.0809

■GBP/USD

2/15－BUY＠1.2583

2/13－SELL＠1.2624

2/06－BUY＠1.2595

2/02－SELL＠1.2670

1/30－BUY＠1.2698

(LAST＠1.2621)

Downside support-1.2613　Rising confirmation points-1.2634

■AUD/USD

2/15－BUY＠0.6500

2/13－SELL＠0.6523

2/09－BUY＠0.6514

2/08－SELL＠0.6524

2/06－BUY＠0.6502

(LAST＠0.6549）

Downside support-0.6543　Rising confirmation points-0.6557

■EUR/JPY

2/13－BUY＠160.84

2/12－SELL＠160.95

2/07－BUY＠159.53

2/06－SELL＠159.72

2/02－BUY＠159.90

(LAST＠162.12）

Downside support-161.98 Rising confirmation points-162.12

■GBP/JPY

2/16－BUY＠188.85

2/15－SELL＠189.17

2/07－BUY＠186.56

2/05－SELL＠186.93

2/02－BUY＠187.30

(LAST＠189.32）

Downside support-189.30 Rising confirmation points-189.46

■AUD/JPY

2/14－BUY＠97.49

2/13－SELL＠97.33

2/09－BUY＠96.85

2/08－SELL＠96.95

2/07－BUY＠96.61

(LAST＠98.23）

Downside support-98.27　Rising confirmation points-98.40