USDJPY trend forecast February 19, 2025
The Japanese Yen (JPY) continues its steady upward momentum as the European session approaches on Wednesday. This, coupled with renewed selling pressure on the US Dollar (USD), pushes the USD/JPY pair down toward the 151.70-151.65 range in the latest trading hour. Investors appear increasingly confident that the Bank of Japan (BoJ) will proceed with further interest rate hikes, driven by mounting evidence of expanding inflation in Japan—an ongoing factor bolstering the JPY.
USDJPY break trendline and retest entry SELL , Wait for price drop
/// SELL USDJPY: zone 151.850 - 152.050
SL: 152.350
TP: 40 - 80 - 150pips ( 150.550 )
Safe and profitable trading
The Japanese Yen (JPY) continues its steady upward momentum as the European session approaches on Wednesday. This, coupled with renewed selling pressure on the US Dollar (USD), pushes the USD/JPY pair down toward the 151.70-151.65 range in the latest trading hour. Investors appear increasingly confident that the Bank of Japan (BoJ) will proceed with further interest rate hikes, driven by mounting evidence of expanding inflation in Japan—an ongoing factor bolstering the JPY.
USDJPY break trendline and retest entry SELL , Wait for price drop
/// SELL USDJPY: zone 151.850 - 152.050
SL: 152.350
TP: 40 - 80 - 150pips ( 150.550 )
Safe and profitable trading
Trade active
+ 20 pips profit entry sell USDJPY ( 151.850 -152.050 )Trade closed: target reached
has 150 pips, great SELL USDJPY ( 151.850 - 152.050 )
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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.