How To Make Money Today: Daily Market Analysis and Forex Trading Signals 28 March 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis and the trading strategy to use today. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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USD/JPY:

On the H4 timeframe, prices are on bullish momentum. We see the potential for further bullish continuation from our 1st support at 121.414 in line with 127.2% Fibonacci extension towards our 1st resistance at 123.237 which is an area of Fibonacci confluences. Prices are trading above our ichimoku clouds, further supporting our bias.

Areas of consideration:

H4 time frame, 1st resistance at 123.237
H4 time frame, 1st support at 121.414

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