FX Today's Trading Strategy 8/25

〇EURUSD Euro Dollar

・Yesterday's Trade

Yesterday, as expected, there was no clear direction all day, so there was no trading.

Since entering at such a point would not be beneficial, it’s a time for patience for a while.

・Market Environment and Today's Strategy

The monthly low of 0.9950 is in focus, and the battle between selling and buying continues.

It’s being held down by the H4MA, but if it breaks above, it could become somewhat easier to buy.

Today, rates are expected to be around the H4MA and yesterday’s high of 1.0 as well.

However, immediately after breaking the H4MA, there is resistance above, so caution is needed.

If the low 0.990 is breached, consider shorting while watching for a fakeout.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, the level around 137.0 was in focus.

Buying from the neckline at 136.0 had many elements of resistance just above, so it was passed up.

・Market Environment and Today's Strategy

Around 137.0 is being watched, and buys don’t seem to continue.

There is strong caution due to last week’s high as well.

If a relatively large head-and-shoulders top forms around last week’s high near 137.23, consider shorting.

If it breaks above 137.50, consider going long.