Bollinger Bands FX Method: How to View, USD/JPY February 2

How to Read Bollinger Bands: USD/JPY Monthly Chart (Forecast for Next Week)

Bollinger Bands USD/JPY Regarding how to read the monthly chart, last month’s sharp drop caused the previous candle to have a long lower wick far below -2σ, and as a reaction, this month has started with a bullish candle. Currently, it is trading between the middle band (20 MA) and -1σ, so it can be interpreted that the upward trend may continue for a while.

What are the next week's forecasts for Bollinger Bands on the weekly and daily charts? What is the FX method using Bollinger Bands? Practical records are also disclosed! Continue reading