USDJPY - 6January - Can't break, SELL NOW
USDJPY trend forecast January 6, 2025
The Japanese Yen (JPY) faces renewed selling pressure at the start of the week, edging closer to its multi-month low against the US Dollar (USD) reached in December. The Bank of Japan's (BoJ) dovish stance and the prevailing risk-on sentiment weigh on the safe-haven currency. Additionally, the USD/JPY pair benefits from a strong US Dollar, supported by the Federal Reserve’s (Fed) hawkish tone and optimism surrounding President-elect Donald Trump’s proposed expansionary policies.
Earlier on Monday, data revealed that Japan’s service sector activity expanded for a second consecutive month in December, coupled with rising service-sector inflation, fueling expectations for a potential BoJ rate hike in January. However, lingering geopolitical risks and uncertainties over Trump’s tariff policies limit aggressive selling of the JPY. Furthermore, speculation of potential intervention by Japanese authorities to stabilize the Yen could help curb further losses.
The dollar will still have to wait for President TRUMP to come up with real economic measures to help boost the USD, the USD/XXX pair has yet to rise strongly.
/// SELL USDJPY : zone 157.750 - 157.950
SL: 158.250
TP: 50 - 70 - 150pips ( 156.450)
Safe and profitable trading
The Japanese Yen (JPY) faces renewed selling pressure at the start of the week, edging closer to its multi-month low against the US Dollar (USD) reached in December. The Bank of Japan's (BoJ) dovish stance and the prevailing risk-on sentiment weigh on the safe-haven currency. Additionally, the USD/JPY pair benefits from a strong US Dollar, supported by the Federal Reserve’s (Fed) hawkish tone and optimism surrounding President-elect Donald Trump’s proposed expansionary policies.
Earlier on Monday, data revealed that Japan’s service sector activity expanded for a second consecutive month in December, coupled with rising service-sector inflation, fueling expectations for a potential BoJ rate hike in January. However, lingering geopolitical risks and uncertainties over Trump’s tariff policies limit aggressive selling of the JPY. Furthermore, speculation of potential intervention by Japanese authorities to stabilize the Yen could help curb further losses.
The dollar will still have to wait for President TRUMP to come up with real economic measures to help boost the USD, the USD/XXX pair has yet to rise strongly.
/// SELL USDJPY : zone 157.750 - 157.950
SL: 158.250
TP: 50 - 70 - 150pips ( 156.450)
Safe and profitable trading
עסקה פעילה
+ 25 pips , signal SELL USDJPY ( 157.750 - 157.950 ) עסקה סגורה: היעד הושג
+ 50 pips , signal SELL USDJPY ( 157.750 - 157.950 ), amazing הערה
+ 100 pips , amazing SELL USDJPY 
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.