USDJPY trend forecast March 12, 2025
💬The Japanese Yen (JPY) extends its decline against the US Dollar (USD) for the second consecutive day on Wednesday, retreating further from the highest level since October reached on Tuesday. Market concerns over the possibility of new tariffs on Japan by US President Donald Trump, along with a modest improvement in global risk sentiment, are key factors weighing on the safe-haven JPY. However, any significant weakening of the Yen remains limited due to persistent hawkish expectations surrounding the Bank of Japan (BoJ)
💬 Long term downtrend is still down, pay attention to H1 resistance zone to set up SELL signal
🥇/// SELL USDJPY: zone 148.300 - 148.500
SL: 148.800
TP: 40 - 60 - 100pips ( 147.500)
Safe and profitable trading
💬The Japanese Yen (JPY) extends its decline against the US Dollar (USD) for the second consecutive day on Wednesday, retreating further from the highest level since October reached on Tuesday. Market concerns over the possibility of new tariffs on Japan by US President Donald Trump, along with a modest improvement in global risk sentiment, are key factors weighing on the safe-haven JPY. However, any significant weakening of the Yen remains limited due to persistent hawkish expectations surrounding the Bank of Japan (BoJ)
💬 Long term downtrend is still down, pay attention to H1 resistance zone to set up SELL signal
🥇/// SELL USDJPY: zone 148.300 - 148.500
SL: 148.800
TP: 40 - 60 - 100pips ( 147.500)
Safe and profitable trading
Trade active
USDJPY decreases in front of the increase immediately, maintaining the trend of increasing
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💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
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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.
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.