USDJPY trend forecast MAY 21 , 2025
💬The Japanese Yen climbed to a two-week high on Wednesday, defying weak trade data as confidence grows that the BoJ will hike rates in 2025 to curb rising inflation. Hawkish remarks from BoJ Deputy Governor Uchida further fueled the rally. Hopes for a US-Japan trade deal also bolstered the Yen, while the US Dollar remained under pressure from dovish Fed expectations and Moody’s credit rating downgrade. This drove USD/JPY down toward 144.00, with momentum favoring further Yen strength.
💬 DXY falls, putting USDJPY under selling pressure, breaking support zones, moving along the long-term downtrend line
🥇/// SELL USDJPY: zone 144.300 - 144.500
SL: 144.800
TP: 40 - 60 - 100pips ( 143.500 )
Safe and profitable trading
💬The Japanese Yen climbed to a two-week high on Wednesday, defying weak trade data as confidence grows that the BoJ will hike rates in 2025 to curb rising inflation. Hawkish remarks from BoJ Deputy Governor Uchida further fueled the rally. Hopes for a US-Japan trade deal also bolstered the Yen, while the US Dollar remained under pressure from dovish Fed expectations and Moody’s credit rating downgrade. This drove USD/JPY down toward 144.00, with momentum favoring further Yen strength.
💬 DXY falls, putting USDJPY under selling pressure, breaking support zones, moving along the long-term downtrend line
🥇/// SELL USDJPY: zone 144.300 - 144.500
SL: 144.800
TP: 40 - 60 - 100pips ( 143.500 )
Safe and profitable trading
Trade active
Great sell , exactly trend : TP HIT : 143.500 Trade closed: target reached
+ 110 pips , amazing signal SELL USDJPY ( 144.300 - 144.500 )
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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.