🔔🔔🔔USD/JPY news:
➡️ The potential economic fallout from the current 25% U.S. tariff on Japanese automobiles, along with Japan's reciprocal 24% tariff, has emerged as a key factor weighing on the Japanese Yen. Japanese Prime Minister Shigeru Ishiba stated this week that no agreement has been reached yet, citing ongoing differences between the two sides. This comes ahead of the July 9 deadline, when the U.S. is set to implement higher retaliatory tariffs — a move that could further pressure the Yen.
➡️ Meanwhile, the U.S. Dollar is trading near its highest level over a week after the Federal Reserve's hawkish pause on Wednesday. This development is expected to lend some support to the USD/JPY pair.
Personal opinion:
➡️ USD is supported by many factors, so USD/JPY may move closer to 146.00 today
➡️ Analysis based on important support resistance and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 145.40 - 145.30
❌SL: 145.00 | ✅TP: 145.95
FM wishes you a successful trading day 💰💰💰
➡️ The potential economic fallout from the current 25% U.S. tariff on Japanese automobiles, along with Japan's reciprocal 24% tariff, has emerged as a key factor weighing on the Japanese Yen. Japanese Prime Minister Shigeru Ishiba stated this week that no agreement has been reached yet, citing ongoing differences between the two sides. This comes ahead of the July 9 deadline, when the U.S. is set to implement higher retaliatory tariffs — a move that could further pressure the Yen.
➡️ Meanwhile, the U.S. Dollar is trading near its highest level over a week after the Federal Reserve's hawkish pause on Wednesday. This development is expected to lend some support to the USD/JPY pair.
Personal opinion:
➡️ USD is supported by many factors, so USD/JPY may move closer to 146.00 today
➡️ Analysis based on important support resistance and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 145.40 - 145.30
❌SL: 145.00 | ✅TP: 145.95
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.