USDJPY - 30 Jan - break and fall in trend

30 בינו׳

USDJPY trend forecast January 30, 2025

USD/JPY declines despite the Fed’s removal of inflation-related language.

The Federal Reserve's policy statement emphasized the strength of the labor market while stating that the risks to its dual mandate objectives are "roughly balanced." Officials acknowledged steady economic growth and reaffirmed their commitment to assessing potential risks while maintaining the current pace of balance sheet reduction. The decision was reached unanimously.

After yesterday's FOMC, interest rates remained unchanged, inflation was somewhat controlled, USD decreased, affecting USDJPY to decrease accordingly, breaking the trend and continuing the downtrend.

/// SELL USDJPY : zone 154.900 - 155.100

SL: 155.400

TP: 40 - 70 - 150pips ( 153.600 )

Safe and profitable trading

30 בינו׳

עסקה פעילה

Waiting for USDJPY to increase to the entry sell 154,900 (the price of Sideway in Asian and European)

30 בינו׳

עסקה סגורה: היעד הושג

USDJPY has decreased according to the judgment, Miss Entry Sell