Hokutosei's Practical Forex Trading-USD/JPY “Changed to 145.35 dollar/yen buy,”
FX
■Position changes and signs -August 7, 2024
In the morning in Tokyo, the yen weakened across the board and the dollar strengthened. As European time approaches, the yen weakens across the board and the dollar strengthens. Starting from European time, the yen weakens against the dollar on the London fix. The dollar strengthened from European time to the close in New York.
The dollar appreciated throughout the day.
The intraday balance changed to 145.35 dollar/yen buy, and we moved to an overnight position.
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■Current position
8/7-BUY@145.35
(LAST@146.77)
Downside support-145.68 Rising confirmation points-146.52
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■Positioning record 2024
7/22-SELL@157.30
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
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