🔔🔔🔔USD/JPY news:
➡️ The USD/JPY pair declined after posting a gain of over 2% in the previous session, trading around 147.90 during Tuesday’s European session. The pair weakened as the Japanese yen appreciated, despite ongoing uncertainty surrounding the Bank of Japan’s (BoJ) interest rate outlook.
➡️ BoJ Deputy Governor Shinichi Uchida acknowledged both upside and downside risks stemming from potential U.S. tariffs, highlighting that such measures could put pressure on Japan's economy. He also stated that Japan's economic growth is expected to slow to its potential pace before gradually recovering, assuming a rebound in global economic conditions.
Personal opinion:
➡️ Signs of a decline from the oversold area seem to have weakened, USD/JPY cannot break down to the 157.50 area and shows signs of increasing again.
➡️ Analysis based on resistance - support zones and trend lines combined with EMA to come up with a suitable strategy
FM's personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 147.70- 147.60
❌SL: 147.30 | ✅TP: 148.40
FM wishes you a successful trading day 💰💰💰
➡️ The USD/JPY pair declined after posting a gain of over 2% in the previous session, trading around 147.90 during Tuesday’s European session. The pair weakened as the Japanese yen appreciated, despite ongoing uncertainty surrounding the Bank of Japan’s (BoJ) interest rate outlook.
➡️ BoJ Deputy Governor Shinichi Uchida acknowledged both upside and downside risks stemming from potential U.S. tariffs, highlighting that such measures could put pressure on Japan's economy. He also stated that Japan's economic growth is expected to slow to its potential pace before gradually recovering, assuming a rebound in global economic conditions.
Personal opinion:
➡️ Signs of a decline from the oversold area seem to have weakened, USD/JPY cannot break down to the 157.50 area and shows signs of increasing again.
➡️ Analysis based on resistance - support zones and trend lines combined with EMA to come up with a suitable strategy
FM's personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 147.70- 147.60
❌SL: 147.30 | ✅TP: 148.40
FM wishes you a successful trading day 💰💰💰
✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.
✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.