U.S. Dollar / Japanese Yen
Short
Updated

USDJPY - 16 May, downtrend H1 trend line

120
USDJPY trend forecast MAY 16 , 2025

💬 The Japanese Yen (JPY) extends its winning streak against the US Dollar for a fourth consecutive session on Friday, climbing to a new weekly high during Asian trading hours. Despite Japan's softer-than-anticipated Q1 GDP figures, persistent Yen strength reflects rising expectations that the Bank of Japan (BoJ) is poised for further rate hikes. Meanwhile, steady progress in US-Japan trade talks—buoyed by continued diplomatic engagement—adds to the Yen's upward momentum, reinforcing its safe-haven and policy-driven appeal.

💬 USDJPY gradually decreased according to the H1 trend, breaking the support zones. The inflation context is still maintained according to the FED's plan, DXY remains stable, there is no big fluctuation in price increase.

🥇/// SELL USDJPY: zone 145.400 - 145.600

SL: 145.900

TP: 40 - 60 - 100pips ( 144.600 )



Safe and profitable trading
Trade active
price is moving in USDJPY sell zone entry

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.