Forex technical analysis: USDJPY hanging near day highs via ForexLive


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Leaning against the underside of a broken trend line...The USDJPY got a rocket boost when the price today moved above the 200 hour moving average (green line in the chart below).  That break , has helped the price move right up to the underside of an old broken trend line (see blue circles)..  The first 3 points on that trend line formed the line. The last 3 (4, 5 and 6) have provided a ceiling that traders have leaned against to define and limit risk (including today's highs). 

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posted via ForexLive


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.