🔔🔔🔔USD/JPY news:
➡️ US President Donald Trump said on Wednesday he would temporarily roll back the heavy tariffs he imposed on dozens of countries while continuing to ramp up pressure on China, sending US stocks soaring. US stocks rose on the news, with the benchmark S&P 500 index, open new tab, closing up 9.5%. Bond yields fell from earlier highs and the dollar recovered against safe-haven currencies.
Personal opinion:
➡️ USD/JPY will find strong support after the news. Currently, USD/JPY shows signs of a pullback as the RSI enters overbought territory, but that is only temporary. in the coming time, the upward momentum for this currency pair will still be maintained
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 146.6 – 146.45
❌SL: 145.90 | ✅TP: 147.20 – 148.00 – 148.70
FM wishes you a successful trading day 💰💰💰
➡️ US President Donald Trump said on Wednesday he would temporarily roll back the heavy tariffs he imposed on dozens of countries while continuing to ramp up pressure on China, sending US stocks soaring. US stocks rose on the news, with the benchmark S&P 500 index, open new tab, closing up 9.5%. Bond yields fell from earlier highs and the dollar recovered against safe-haven currencies.
Personal opinion:
➡️ USD/JPY will find strong support after the news. Currently, USD/JPY shows signs of a pullback as the RSI enters overbought territory, but that is only temporary. in the coming time, the upward momentum for this currency pair will still be maintained
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 146.6 – 146.45
❌SL: 145.90 | ✅TP: 147.20 – 148.00 – 148.70
FM wishes you a successful trading day 💰💰💰
Note
Hit + 25 pips from Buy 146.70Trade active
check USD/JPYHit + 90 pips from Buy 146.45
congratulation
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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.