USDJPY trend forecast November 8, 2024
The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum.
Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair.
Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value.
/// BUY USD/JPY : zone 152.300 - 152.100
SL: 151.700
TP: 40 - 100 - 200 pips (154.100)
Safe and profitable trading
The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum.
Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair.
Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value.
/// BUY USD/JPY : zone 152.300 - 152.100
SL: 151.700
TP: 40 - 100 - 200 pips (154.100)
Safe and profitable trading
İşlem aktif
+ 55 pips , profit signal BUY USDJPY İşlem kapandı: hedefe ulaştı
+ 80 pips , profit signal BUY USDJPY , amazing 
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💠 FREE SIGNAL
💠 Update the fastest news
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💠 Trend analysis: XAU, BTC, Currency,...
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.