U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - 25 Feb , short term price increase H1

209
USDJPY trend forecast February 25, 2025

The Japanese Yen (JPY) continues its downward trajectory for a second consecutive day, as a strengthening US Dollar (USD) rebounds from a more than two-month low. This momentum propels the USD/JPY pair back above the key 150.00 psychological threshold during Tuesday’s Asian trading session.

Last week, Bank of Japan (BoJ) Governor Kazuo Ueda reaffirmed the central bank’s readiness to step in and bolster government bond purchases should long-term interest rates experience a sharp increase. This stance has led to a corrective dip in Japanese government bond (JGB) yields, triggering a fresh wave of selling pressure on the JPY. Nonetheless, lingering market expectations of a more hawkish BoJ policy outlook may continue to provide underlying support for the Yen.

Short term H1 frame, shows short term price recovery, trend break and short term recovery continued

/// BUY USDJPY: zone 149.850 - 1.49.650

SL: 149.350

TP: 40 - 80 - 150pips ( 151.150 )


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+ 20 pips , signal BUY USDJPY ( 149.850 - 149.650 )

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