USDJPY Next Trend - Continue to Fall
USD/JPY news:
🔆BoJ's rate hike plan continues to push JGB yields higher, further underpinning the Japanese Yen. Markets weigh renewed US tariff talks, keeping the downside intact in the pair.
🔆The JPY is leading the currency run higher on the USD, with traders taking on board hawkish comments from BoJ policymaker Takata earlier this week and positioning for another jump in Japan’s rate of inflation which will support the outlook for moderately tighter policy."
🔆Japan releases CPI data tonight. January inflation expected to rise
Personal opinion:
🔆JPY will continue to increase in strength in the coming time, while the Dollar continues to decrease mainly due to the impact of the tariff policies that President Trump is implementing
Analysis:
🔆Based on the interest rate policies of BOJ and Fed combined with technical analysis (resistance - support zones and important Fibonacci levels)
Plan:
🔆Price Zone Setup:
👉Sell USDJPY 150.00 -149.80
❌SL: 2976 | ✅TP: 149.30 – 148.70 – 148.00
🔆BoJ's rate hike plan continues to push JGB yields higher, further underpinning the Japanese Yen. Markets weigh renewed US tariff talks, keeping the downside intact in the pair.
🔆The JPY is leading the currency run higher on the USD, with traders taking on board hawkish comments from BoJ policymaker Takata earlier this week and positioning for another jump in Japan’s rate of inflation which will support the outlook for moderately tighter policy."
🔆Japan releases CPI data tonight. January inflation expected to rise
Personal opinion:
🔆JPY will continue to increase in strength in the coming time, while the Dollar continues to decrease mainly due to the impact of the tariff policies that President Trump is implementing
Analysis:
🔆Based on the interest rate policies of BOJ and Fed combined with technical analysis (resistance - support zones and important Fibonacci levels)
Plan:
🔆Price Zone Setup:
👉Sell USDJPY 150.00 -149.80
❌SL: 2976 | ✅TP: 149.30 – 148.70 – 148.00
Trade closed: target reached
Hit TP1 + 50 pips from 149.80, profit for you if follow FM planNote
The strategy is on track.
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.