USDJPY
Fundamental Outlook:
The USD continues to weaken against most major currencies, despite an unclear fundamental backdrop. The dominant narrative suggests broad selling of U.S. assets, with concerns over the dollar losing its reserve status due to the ongoing trade war.
While these claims are dramatic, such sentiment often appears near major tops or bottoms — so caution is warranted. For now, the trend remains bearish, and a clear catalyst will be needed to reverse it, though timing is uncertain in this volatile environment.
Technical Overview:
The pair remains in bearish territory as long as it trades below the pivot line at 143.840.
Bearish Scenario:
• Below 143.840, momentum favors a move toward 141.030
• A daily close below 141.030 could extend the downtrend toward 138.450
Bullish Reversal:
• A daily candle close above 143.840 may trigger a bullish correction toward 145.250 and 146.330
Key Levels:
• Pivot Line: 143.840
• Support: 141.030 / 138.500
• Resistance: 145.210 / 146.330
Fundamental Outlook:
The USD continues to weaken against most major currencies, despite an unclear fundamental backdrop. The dominant narrative suggests broad selling of U.S. assets, with concerns over the dollar losing its reserve status due to the ongoing trade war.
While these claims are dramatic, such sentiment often appears near major tops or bottoms — so caution is warranted. For now, the trend remains bearish, and a clear catalyst will be needed to reverse it, though timing is uncertain in this volatile environment.
Technical Overview:
The pair remains in bearish territory as long as it trades below the pivot line at 143.840.
Bearish Scenario:
• Below 143.840, momentum favors a move toward 141.030
• A daily close below 141.030 could extend the downtrend toward 138.450
Bullish Reversal:
• A daily candle close above 143.840 may trigger a bullish correction toward 145.250 and 146.330
Key Levels:
• Pivot Line: 143.840
• Support: 141.030 / 138.500
• Resistance: 145.210 / 146.330
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.