Release： 01/03/2023 19:03

Update： 01/03/2023 19:03

Series

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

FX Today's Trade Strategy 1/4

Current Market Environment and Today's Strategy

・USDJPY Dollar/Yen

Monthly lows and yearly closing price around 130.50–131.0, an area that's a high-watch level.

Today I want to focus on price action at this key level.

We should also consider that the H4 moving average around 131.50 could act as resistance.

・EURUSD Euro/Dollar

Right around year-end to early new year, how far will the decline from the W top at 1.0750 continue?

It looks like a trade to short while confirming price action at each support level.

There is an employment report this weekend, so will the big moves come after that?

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