Thread: Usd/jpy analysis

Looking at the USD/JPY pair for 15 minutes, it is noticeable that it is gaining some pips at the price level of 146.94 Should there be a continuous appreciation in the price, the next resistance level will be 147.15 with the next support level at 146.90.

We have to plan our trades risk free so that we can survive in the market in the long run. No matter if you have small capital at hand because small capital is enough to start forex trading. But, to start nicely, try to select a regulated trading broker.

That's why as a trader, it's crucial to pay attention to proper fund management and risk management. Personally, at Tickmill, I always implement stop loss and take profit, ensuring that my trading is comfortable and safe.