USDJPY - 29 April, Accumulation decrease according to main trend
USDJPY trend forecast April 29 , 2025
💬The Japanese Yen (JPY) edges lower during the Asian session on Tuesday, giving back part of the strong rebound it posted the previous day from a two-week low against the US Dollar. Overall market sentiment stays cautiously upbeat amid indications of easing trade tensions between the US and China — the world’s two biggest economies — and optimism that the US may soon unveil new trade agreements. As a result, demand for traditional safe-haven assets like the JPY is weakened, although traders remain hesitant to take major positions ahead of this week’s Bank of Japan (BoJ) policy decision.
💬 USDJPY main trend is still down, currently DXY is sideways and recovering slightly. Waiting for the 0.618 fibo retracement point for a sell signal.
🥇/// SELL USDJPY : zone 143.150 - 143.350
SL: 143.650
TP: 40 - 60 - 100pips ( 142.350 )
Safe and profitable trading
💬The Japanese Yen (JPY) edges lower during the Asian session on Tuesday, giving back part of the strong rebound it posted the previous day from a two-week low against the US Dollar. Overall market sentiment stays cautiously upbeat amid indications of easing trade tensions between the US and China — the world’s two biggest economies — and optimism that the US may soon unveil new trade agreements. As a result, demand for traditional safe-haven assets like the JPY is weakened, although traders remain hesitant to take major positions ahead of this week’s Bank of Japan (BoJ) policy decision.
💬 USDJPY main trend is still down, currently DXY is sideways and recovering slightly. Waiting for the 0.618 fibo retracement point for a sell signal.
🥇/// SELL USDJPY : zone 143.150 - 143.350
SL: 143.650
TP: 40 - 60 - 100pips ( 142.350 )
Safe and profitable trading
Trade active
USDJPY touched 142,700. Not yet achieved the selling score as planned
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.
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.