USDJPY - 13 December, Break and retest increase in price
USD / JPY trend forecast December 13, 2024
The Japanese Yen (JPY) trims a part of intraday losses against its American counterpart and recovers slightly from over a two-week low touched earlier this Friday. A slight deterioration in the global risk sentiment, along with geopolitical tensions and trade war fears, drives some haven flows and benefits the JPY. The US Dollar (USD), on the other hand, consolidates its weekly gains to the monthly peak and further contributes to capping any further appreciating move for the USD/JPY pair beyond the 153.00 mark.
The long-term framework shows a strong upward trend, the JPY situation is still under pressure from political instability. USD/JPY continues to increase in price.
/// BUY USDJPY : zone 152.700 - 152.400
SL: 152.100
TP: 50 - 120 - 200pips (154.400)
Safe and profitable trading
The Japanese Yen (JPY) trims a part of intraday losses against its American counterpart and recovers slightly from over a two-week low touched earlier this Friday. A slight deterioration in the global risk sentiment, along with geopolitical tensions and trade war fears, drives some haven flows and benefits the JPY. The US Dollar (USD), on the other hand, consolidates its weekly gains to the monthly peak and further contributes to capping any further appreciating move for the USD/JPY pair beyond the 153.00 mark.
The long-term framework shows a strong upward trend, the JPY situation is still under pressure from political instability. USD/JPY continues to increase in price.
/// BUY USDJPY : zone 152.700 - 152.400
SL: 152.100
TP: 50 - 120 - 200pips (154.400)
Safe and profitable trading
Trade active
+ 70 pips , amazing BUY USDJPY : 152.700 - 152.400 , correct assessment
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
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.