🔔🔔🔔 USD/JPY news:
➡️ USD/JPY is trimming losses and reclaiming the 143.00 level during Monday’s Asian session, as the US dollar stabilizes following its recent decline, with traders digesting Trump’s weekend tariff announcements.
➡️ Meanwhile, the Japanese yen continues to attract safe-haven inflows amid escalating US-China trade tensions. Diverging policy expectations between the Bank of Japan and the Federal Reserve are further supporting the lower-yielding yen. Optimism surrounding a potential trade agreement between Japan and the US is also helping to boost the yen’s appeal.
Personal opinion:
➡️ USD is regaining momentum after DXY entered the oversold zone and showed signs of a short-term reversal. However, the current main trend is still maintaining a downtrend for the USD/JPY pair
➡️ Analysis based on important resistance - support levels and Fibonacci combined with SMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell USD/JPY 144.30- 144.50
❌SL: 145.00| ✅TP: 143.30 – 142.50
👉Buy Gold 141.00 – 140.80
❌SL: 140.50 | ✅TP: 141.50 – 142.00 – 143.00
FM wishes you a successful trading day 💰💰💰
➡️ USD/JPY is trimming losses and reclaiming the 143.00 level during Monday’s Asian session, as the US dollar stabilizes following its recent decline, with traders digesting Trump’s weekend tariff announcements.
➡️ Meanwhile, the Japanese yen continues to attract safe-haven inflows amid escalating US-China trade tensions. Diverging policy expectations between the Bank of Japan and the Federal Reserve are further supporting the lower-yielding yen. Optimism surrounding a potential trade agreement between Japan and the US is also helping to boost the yen’s appeal.
Personal opinion:
➡️ USD is regaining momentum after DXY entered the oversold zone and showed signs of a short-term reversal. However, the current main trend is still maintaining a downtrend for the USD/JPY pair
➡️ Analysis based on important resistance - support levels and Fibonacci combined with SMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell USD/JPY 144.30- 144.50
❌SL: 145.00| ✅TP: 143.30 – 142.50
👉Buy Gold 141.00 – 140.80
❌SL: 140.50 | ✅TP: 141.50 – 142.00 – 143.00
FM wishes you a successful trading day 💰💰💰
Trade active
hit 144.07 and dropped sharply to 142.70144.30 entry mismatched. Unfortunately missed a big profit
awaiting reaction at 142.4x area
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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.