Hokutosei's Practical Forex Trading－USD/JPY “Buy dollar yen 157.37”

■Position changes and signs - July 18, 2024

The dollar is strong in the morning in Tokyo. As European time approaches, the yen appreciates against the dollar. From Europe to London fixes, the yen weakened across the board and the dollar strengthened. From Europe to the close in New York, the yen weakened across the board and strengthened against the dollar.

The dollar appreciated throughout the day.

The daily balance changed to 157.37 dollar/yen buy, and we moved to an overnight position.

－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－

■Current position

7/18－BUY＠157.37

(LAST＠157.37）

Decline confirmation point-157.04 Return resistance-157.64

Downside support-156.15　Rising confirmation points-156.63

－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－

■Positioning record 2024

7/18－BUY＠157.37

7/17－SELL＠158.35

7/16－BUY＠158.60

7/11－SELL＠161.46

7/09－BUY＠160.80

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