🔔🔔🔔 USD/JPY news:
➡️ The USD/JPY pair rebounded from the 141.60 area — its lowest level in seven months touched during Thursday’s Asian session — as the U.S. dollar saw a modest recovery, despite ongoing concerns over trade tensions providing support for the safe-haven yen.
➡️ During the Asian session on Thursday, USD/JPY maintained a mild upward trend, trading just below the 143 mark. While the pair posted some intraday gains, overall market sentiment remained cautious due to persistent pressure on the U.S. dollar stemming from escalating trade disputes and falling U.S. Treasury yields. Despite its traditional role as a safe-haven asset during geopolitical uncertainty, the Japanese yen struggled to fully benefit amid challenges in global equity markets and diverging monetary policy paths.
Personal opinion:
➡️ The US-China trade war remains the main focus for the weakening USD. And the initial favorable negotiations of the US-Japan trade are giving the JPY an advantage. Therefore, the upcoming trend for this currency pair remains bearish.
➡️ Analysis based on important resistance - support zones and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell USD/JPY 142.70 - 142.80
❌SL: 143.30 | ✅TP: 142.10 - 141.70
👉Buy USD/JPY 141.15 - 141.00
❌SL: 140.70| ✅TP: 141.70 - 142.20
FM wishes you a successful trading day 💰💰💰
➡️ The USD/JPY pair rebounded from the 141.60 area — its lowest level in seven months touched during Thursday’s Asian session — as the U.S. dollar saw a modest recovery, despite ongoing concerns over trade tensions providing support for the safe-haven yen.
➡️ During the Asian session on Thursday, USD/JPY maintained a mild upward trend, trading just below the 143 mark. While the pair posted some intraday gains, overall market sentiment remained cautious due to persistent pressure on the U.S. dollar stemming from escalating trade disputes and falling U.S. Treasury yields. Despite its traditional role as a safe-haven asset during geopolitical uncertainty, the Japanese yen struggled to fully benefit amid challenges in global equity markets and diverging monetary policy paths.
Personal opinion:
➡️ The US-China trade war remains the main focus for the weakening USD. And the initial favorable negotiations of the US-Japan trade are giving the JPY an advantage. Therefore, the upcoming trend for this currency pair remains bearish.
➡️ Analysis based on important resistance - support zones and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell USD/JPY 142.70 - 142.80
❌SL: 143.30 | ✅TP: 142.10 - 141.70
👉Buy USD/JPY 141.15 - 141.00
❌SL: 140.70| ✅TP: 141.70 - 142.20
FM wishes you a successful trading day 💰💰💰
Trade active
check USD/JPY HIt + 180 pips from sell 142.80 Big Profit
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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.