U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - 14 April, support zone,sideways beginning of the week

248
USDJPY trend forecast April 14 , 2025

💬Bank of Japan (BoJ) Governor Kazuo Ueda stated on Monday that the central bank will make suitable monetary policy decisions aimed at sustainably achieving its 2% inflation goal, carefully assessing economic, price, and financial trends without any predetermined bias.

Additional remarks:

Global uncertainty surrounding Japan's economy has significantly increased due to the United States' tariff strategy.

The US trade policy is expected to negatively impact both global and Japanese economic activity through multiple channels.

The tariffs imposed by the US are anticipated to create mixed effects on prices, exerting both upward and downward pressure.

The extent of the impact on Japan’s economy will largely hinge on how US trade policies evolve going forward.

💬 At the beginning of the week, there was no important economic news. USDJPY price was mainly sideways and accumulated, reacting to important support and resistance zones. Waiting for BUY signal at support zone 142.300


🥇/// BUY USDJPY : zone 142.300 - 142.100

SL: 141.800

TP: 40 - 60 - 150pips ( 143.600 )


Safe and profitable trading
Trade active
+ 80 pips , amazing signal BUY USDJPY ( 142.300 - 142.100 ) , great

snapshot
Trade closed: target reached
+ 170 pips , amazing signal BUY USDJPY ( 142.300 - 142.100 ) great profit

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