Forex analytics and overview

USD/JPY: GDP Sends Pair Flying

08/29/2024

Less than a minute

2024.08.29 09:31

is at 145.31 in a channel and a range. We are looking for a continuation to the R4/ATR target at the 146.00 area. We anticipate a bearish reaction there.

Watch the for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 183 pips per day and its 90-day average is 161 pips per day. My Forex Analysis says USDX is currently up.

USDJPY – GDP sends it flying

08/29/2024

Less than a minute

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