🔔🔔🔔USD/JPY news:
➡️ Moody's recently downgraded the US sovereign credit rating to Aa1, citing concerns over rising national debt. Atlanta Fed President Raphael Bostic warned that the downgrade could have far-reaching effects across the wider economy, adding that it may take three to six months to gauge the full extent of the instability, according to Bloomberg.
➡️ Adding to the pressure, a Reuters report indicates that the Republican tax bill—set to be unveiled this week—could add an estimated $3 to $5 trillion to the national debt, a development likely to weigh further on the US dollar.
➡️ Meanwhile, Japan's Ryosei Akazawa is expected to travel to Washington this week to participate in the third round of trade negotiations.
Personal opinion:
➡️ The negative news for USD is appearing more and more, so USD/JPY will decrease in the near future
➡️Analysis based on important support and resistance levels and combined with EMA trends to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 143.50 - 143.60
❌SL: 143.10 | ✅TP: 144.00 – 144.50
👉Sell USD/JPY 145.20 - 145.30
❌SL: 145.60 | ✅TP: 144.60 – 144.10
FM wishes you a successful trading day 💰💰💰
➡️ Moody's recently downgraded the US sovereign credit rating to Aa1, citing concerns over rising national debt. Atlanta Fed President Raphael Bostic warned that the downgrade could have far-reaching effects across the wider economy, adding that it may take three to six months to gauge the full extent of the instability, according to Bloomberg.
➡️ Adding to the pressure, a Reuters report indicates that the Republican tax bill—set to be unveiled this week—could add an estimated $3 to $5 trillion to the national debt, a development likely to weigh further on the US dollar.
➡️ Meanwhile, Japan's Ryosei Akazawa is expected to travel to Washington this week to participate in the third round of trade negotiations.
Personal opinion:
➡️ The negative news for USD is appearing more and more, so USD/JPY will decrease in the near future
➡️Analysis based on important support and resistance levels and combined with EMA trends to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 143.50 - 143.60
❌SL: 143.10 | ✅TP: 144.00 – 144.50
👉Sell USD/JPY 145.20 - 145.30
❌SL: 145.60 | ✅TP: 144.60 – 144.10
FM wishes you a successful trading day 💰💰💰
Trade active
Personal planHit + 70 pips from buy 143. 50
Successful plan
Trade closed: target reached
Complete the original plan
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✅ 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.