Hokutosei's Practical Forex Trading－USD/JPY “Yen shorts took the lead due to continued growth in US stocks.”

■Position changes and signs - July 10, 2024

In the morning in Tokyo, the yen is weak against the dollar. As European time approaches, the yen weakens and the dollar weakens. Starting from European time, the yen weakens against the dollar across the board in London Fixtures. The dollar weakened at the close in New York (from Europe to New York, the yen weakened across the board and the dollar weakened).

The dollar is weak throughout the day.

Yen shorts took the lead due to continued growth in US stocks.

－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－

■Current position

7/9－BUY＠160.80

(LAST＠161.71）

Decline confirmation point-160.59　Return resistance-160.79

Downside support-161.47　Rising confirmation points-161.60

－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－

■Positioning record 2024

7/05－SELL＠161.20

6/13－BUY＠156.75

6/12－SELL＠156.50

6/07－BUY＠156.10

6/06－SELL＠155.70

6/05－BUY＠155.80

6/03－SELL＠156.80

5/31－BUY＠157.25

5/30－SELL＠157.00

5/17－BUY＠155.60

5/15－SELL＠156.30

5/06－BUY＠153.40

5/01－SELL＠156.25

4/30－BUY＠156.77

4/29－SELL＠156.36

4/05－BUY＠151.63

4/04－SELL＠151.33

4/01－BUY＠151.39

3/27－SELL＠151.35

3/12－BUY＠146.90

3/05－SELL＠150.11

3/04－BUY＠150.43

2/29－SELL＠150.55

2/21－BUY＠150.16

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

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

1/24－SELL＠147.95

1/15－BUY＠145.11

1/12－SELL＠145.35

1/09－BUY＠144.45

1/08－SELL＠144.63

1/02－BUY＠141.50