U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - 9 April , Strong support zone, short recovery

151
USDJPY trend forecast April 9 , 2025

💬The Japanese Yen (JPY) maintains its solid intraday strength as the European session begins on Thursday, trading close to its highest level of the year against the US Dollar. Mounting concerns over an escalating trade war and a potential global recession continue to dampen investor sentiment, as reflected by widespread losses in equity markets, thereby boosting demand for the safe-haven JPY. Additionally, growing expectations that the Bank of Japan (BoJ) may implement another rate hike in 2025 amid rising domestic inflation, coupled with optimism surrounding a potential US-Japan trade agreement, are further contributing to the Yen’s appeal.

💬 Support zone 145,000 , short scalping for recovery ahead of FOMC news today .


🥇///BUY USDJPY : zone 145.000- 144.800

SL: 144.450

TP: 40 - 60 - 150pips ( 146.300 )


Safe and profitable trading
Trade active
USDJPY continues to decrease to 144,000. The main trend when DXY decreases, investors believe in the yen

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