🔔🔔🔔USD/JPY news:
➡️ USD/JPY is rebounding above the 145.00 mark during Thursday’s European session. The US Dollar is seeing strong safe-haven demand amid growing speculation of a potential US strike on Iran later this week. The Fed’s hawkish stance on Wednesday also lends support to the greenback, while the Japanese Yen struggles to gain traction despite the prevailing risk-off mood.
Personal opinion:
➡️ USD has a slight decline after entering the overbought zone. However, this currency still maintains its strength and will continue its upward trend in the coming time. Therefore, USD/JPY will maintain its upward trend
➡️ Analysis based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 145.10- 1.45.00
❌SL: 144.60| ✅TP: 145.60
FM wishes you a successful trading day 💰💰💰
➡️ USD/JPY is rebounding above the 145.00 mark during Thursday’s European session. The US Dollar is seeing strong safe-haven demand amid growing speculation of a potential US strike on Iran later this week. The Fed’s hawkish stance on Wednesday also lends support to the greenback, while the Japanese Yen struggles to gain traction despite the prevailing risk-off mood.
Personal opinion:
➡️ USD has a slight decline after entering the overbought zone. However, this currency still maintains its strength and will continue its upward trend in the coming time. Therefore, USD/JPY will maintain its upward trend
➡️ Analysis based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 145.10- 1.45.00
❌SL: 144.60| ✅TP: 145.60
FM wishes you a successful trading day 💰💰💰
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Join now !!!!
Channel: signals - knowledge and FOREX comments
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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.