Weekly USDJPY Analysis 26 February, 1 March 2024
In this article, I will point out the weekly analysis for the USD/JPY pair during the upcoming week from February 26th to March 1st, 2024.
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| Weekly USDJPY Analysis 26 February, 1 March 2024 |
The article discusses about :
- Weekly USDJPY Analysis 26 February, 1 March 2024 1D Time frame
- Weekly USDJPY Analysis 26 February, 1 March 2024 1H Time frame
- Weekly USDJPY Analysis 26 February, 1 March 2024 15Min Time frame
- Entry Trade on USDJPY
1.Weekly USDJPY Analysis 26 February, 1 March 2024 1D Time frame
In the daily time frame, it is evident that the overall trend for the USD/JPY pair is currently bullish.
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| Weekly USDJPY Analysis 26 February, 1 March 2024 1D Time frame |
2.Weekly USDJPY Analysis 26 February, 1 March 2024 1H Time frame
Therefore, any corrections in smaller time frames will present opportunities to buy the pair. The same outlook applies to the hourly time frame, where USD/JPY prices are in an upward trend, with a current downward correction in the hourly time frame.
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| Weekly USDJPY Analysis 26 February, 1 March 2024 1H Time frame |
3.Weekly USDJPY Analysis 26 February, 1 March 2024 15Min Time frame
Next Monday, February 26th, 2024, I will be looking for a breakout above the 150.56 peak in the fifteen-minute time frame. Any downward correction thereafter will be a good opportunity to buy the USD/JPY pair, as illustrated in the chart below.
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| Weekly USDJPY Analysis 26 February, 1 March 2024 15Min Time frame |
4.Entry Trade on USDJPY
Warning: The website does not provide financial signals. Caution should be exercised when trading in financial markets as they are highly risky.
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