🔔🔔🔔USD/JPY news:
➡️USD/JPY extended its bullish trend for the second consecutive day, hitting a fresh weekly high of 145.09 on Friday, supported by solid U.S. economic data. A strong U.S. Non-Farm Payrolls report, rising U.S. Treasury yields and a slight improvement in sentiment toward U.S. assets boosted the greenback.
➡️Meanwhile, the Japanese Yen (JPY) underperformed across the board, as uncertainty remains over the timing of another BOJ rate hike
Personal opinion:
➡️ Strong U.S. Non-Farm Payroll data has led to a reassessment of interest rate expectations, with markets now pricing in fewer than two Fed rate cuts by the end of 2025. As a result, the bullish trend for USD/JPY is likely to continue. However, the pair is currently in overbought territory and may experience a corrective pullback before resuming
➡️ Analyze key support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 144.15 - 144.00
❌SL: 143.60 | ✅TP: 144.80
FM wishes you a successful trading day 💰💰💰
➡️USD/JPY extended its bullish trend for the second consecutive day, hitting a fresh weekly high of 145.09 on Friday, supported by solid U.S. economic data. A strong U.S. Non-Farm Payrolls report, rising U.S. Treasury yields and a slight improvement in sentiment toward U.S. assets boosted the greenback.
➡️Meanwhile, the Japanese Yen (JPY) underperformed across the board, as uncertainty remains over the timing of another BOJ rate hike
Personal opinion:
➡️ Strong U.S. Non-Farm Payroll data has led to a reassessment of interest rate expectations, with markets now pricing in fewer than two Fed rate cuts by the end of 2025. As a result, the bullish trend for USD/JPY is likely to continue. However, the pair is currently in overbought territory and may experience a corrective pullback before resuming
➡️ Analyze key support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy USD/JPY 144.15 - 144.00
❌SL: 143.60 | ✅TP: 144.80
FM wishes you a successful trading day 💰💰💰
Trade active
personal plan :Hit + 130 pips from buy 144.00
set up successful
Trade closed: target reached
Complete the Buy planUSD/JPY is trading within a tight range as interest rate differentials and ongoing trade negotiations continue to shape market sentiment.
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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.