U.S. Dollar / Japanese Yen
Long
Updated

Short-term bullish momentum supports USD

89
🔔🔔🔔 USD/JPY news:

➡️ Global risk sentiment received a significant boost after U.S. Treasury Secretary Scott Bessent stated at a private investor summit that the tit-for-tat tariff battle between the U.S. and China will soon ease. Following this, White House correspondent Karoline Leavitt told reporters that the Trump administration was preparing for a deal. This, in turn, increased investor appetite for riskier assets and triggered capital outflows from traditional safe havens like the Japanese Yen.

➡️ Meanwhile, U.S. President Donald Trump ruled out the unprecedented move of dismissing Federal Reserve Chair Jerome Powell before his term ends in May 2026. This helped spark a solid rebound in the U.S. Dollar from a three-year low, drawing fresh buying interest in the USD/JPY pair during Wednesday’s Asian session. However, the dollar's upward momentum faded amid expectations of more aggressive policy easing from the Fed.


Personal opinion:
➡️ The USD is being supported in the short term after the latest dovish news from Trump. So in the short term, it will create a downward momentum for USD/JPY

➡️ Analyze 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 141.60 - 141.40
❌SL: 140.90 | ✅TP: 142.60 – 143.00

FM wishes you a successful trading day 💰💰💰
Trade active
check USD/JPY
HIt + 195 pips from Buy 141.60
Exact plan
Congratulation
Trade closed: target reached
Update news:

Upbeat macroeconomic data from the United States released on Thursday bolstered the USD, boosting the USD/JPY pair.

Meanwhile, the US dollar continued to show a recovery trend as the market maintained optimism about positive signals from trade negotiations. The Trump administration is said to be making initial progress in negotiations with Asian partners such as South Korea and Japan.

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