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USD/JPY technical analysis 26 Dec to 30 Dec

Atka Posted 28 Dec.  in #Trader's blog #USD/JPY #Current Week
USD/JPY Technical AnalysisUSD/JPY opened the week at 117.80 and quickly dropped to a low of 116.54, testing support at 116.88 (discussed last week). The pair then reversed directions and climbed to a high of 118.24. USD/JPY was unable to consolidate at these levels and closed the week at 117.15.Live chart of USD/JPY:USDJPY chart by TradingView…
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USD/JPY Orders 23 December

Atka Posted 23 Dec.  in #Trader's blog #USD/JPY #Orders #23 Decmber
Currently 117.37 with general yen demand still notableDemand between 117.00-20 but I prefer to sell rallies in this pair still. Large option expiries (USD 1.1bln) in play at 117.50Offers: 117.50-55 117.80-85 118.00 118.20-25 118.45-50 118.80 119.00 (barrier option)Bids: 117.15-20 117.00 116.70 116.50-55 116.30 116.00 115.85 115.50
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