USDJPY trend forecast January 28, 2025
Japan’s Economy Minister, Ryosei Akazawa, stated on Tuesday that he “will carefully observe the economic effects of the rate hike.”
Meanwhile, the Bank of Japan (BoJ) revealed plans to inject JPY 200 billion through a direct purchase of commercial paper.
Additionally, the BoJ announced that it would offer US Dollar (USD) funding secured by pooled collateral.
USD economic news is expected to be good for the dollar, USDJPY price has recovered, H1 frame breaks resistance and waits for the next buying force
/// BUY USDJPY : zone 1.54850 - 1.55050
SL: 1.54500
TP: 40 - 70 - 150pips ( 1.56350 )
Safe and profitable trading
Japan’s Economy Minister, Ryosei Akazawa, stated on Tuesday that he “will carefully observe the economic effects of the rate hike.”
Meanwhile, the Bank of Japan (BoJ) revealed plans to inject JPY 200 billion through a direct purchase of commercial paper.
Additionally, the BoJ announced that it would offer US Dollar (USD) funding secured by pooled collateral.
USD economic news is expected to be good for the dollar, USDJPY price has recovered, H1 frame breaks resistance and waits for the next buying force
/// BUY USDJPY : zone 1.54850 - 1.55050
SL: 1.54500
TP: 40 - 70 - 150pips ( 1.56350 )
Safe and profitable trading
Trade active
Wait for the Entry Buy USDJPY - The price is going to Plan Day supporting area
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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.