Release： 09/04/2022 19:53

Update： 09/04/2022 19:53

Series

We deliver daily day trading strategies for Euro Dollar (EURUSD) and Dollar Yen (USDJPY).

FX Today's Trade Strategy 9/5

〇EURUSD Euro-Dollar

・Market environment and today's strategy

Last Friday's employment data caused a sharp sell-off, and there is a move to test the previous month's low of 0.990.

The 0.990 support is being tested for resilience.

Although 0.990 has supported multiple times, be prepared for a scenario where it breaks.

This rate seems to be attracting the attention of many traders.

・Market environment and today's strategy

Last week's employment data looked like it had broken above 140.50, but it turned out to be a fake and fell.

There were many profit-taking sells apparent.

The long-term trend is up, so the basic strategy is to buy on dips.

However, if the price cannot reach the weekly high and daily high range, stay on the sidelines.

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