USDJPY trend forecast March 7, 2025
💬The Japanese Yen (JPY) continues to strengthen against a broadly weaker US Dollar (USD), keeping the USD/JPY pair near its lowest level since early October, reached on Thursday. Ongoing speculation that the Bank of Japan (BoJ) will maintain its path of interest rate hikes has been driving up Japanese government bond (JGB) yields. As a result, the narrowing rate gap between Japan and other economies remains a supportive factor for the lower-yielding JPY.
💬 USDJPY is still in a long-term downtrend, pay attention to the H4 support zone 147.100 and the H1 trendline
🥇/// BUY USDJPY: zone 147.200 - 147.000
SL: 146.700
TP: 40 - 60 - 150pips ( 148.500 )
Safe and profitable trading
💬The Japanese Yen (JPY) continues to strengthen against a broadly weaker US Dollar (USD), keeping the USD/JPY pair near its lowest level since early October, reached on Thursday. Ongoing speculation that the Bank of Japan (BoJ) will maintain its path of interest rate hikes has been driving up Japanese government bond (JGB) yields. As a result, the narrowing rate gap between Japan and other economies remains a supportive factor for the lower-yielding JPY.
💬 USDJPY is still in a long-term downtrend, pay attention to the H4 support zone 147.100 and the H1 trendline
🥇/// BUY USDJPY: zone 147.200 - 147.000
SL: 146.700
TP: 40 - 60 - 150pips ( 148.500 )
Safe and profitable trading
Trade active
+ 50 pips , signal BUY USDJPY ( 147.100 - 147.000 ) , nice Trade closed: target reached
+ 70 pips, crazy BUY USSDJPY ( 147.200 - 147.000) , nice 
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.