USDJPY - 12 Feb - entry SELL ( breakout zone )

12 de fev.

USDJPY trend forecast February 12, 2025

The Japanese Yen (JPY) continues its downward trajectory for the third consecutive day on Wednesday, slipping to a one-week low against the US Dollar during the Asian session. Mounting concerns over the potential economic repercussions of US President Donald Trump’s uncompromising tariffs on commodity imports weigh on Japan’s financial stability, while a generally upbeat sentiment in equity markets further erodes demand for the safe-haven currency. Additionally, renewed US Dollar (USD) buying momentum propels the USD/JPY pair toward the mid-153.00s in the latest trading.

Meanwhile, Federal Reserve (Fed) Chairman Jerome Powell reaffirmed on Tuesday that the central bank remains in no rush to lower interest rates, citing fears that Trump’s trade policies could stoke inflation. This stance bolsters USD demand and dampens expectations of a significant narrowing of the US-Japan interest rate gap, pressuring the JPY further. However, speculation that the Bank of Japan (BoJ) may proceed with another rate hike could act as a counterbalance, preventing excessive JPY depreciation.

USDJPY recovers, H1 technical framework shows that the breakout price zone of 153,800 - 154,000 will create selling pressure again

/// SELL USDJPY: zone 153.800-154.000

SL: 154.400

TP: 40 - 70 - 150pips ( 152.500 )

Safe and profitable trading

12 de fev.

Trade ativo

+ 40 pips profit entry SELL USDJPY ( zone 153.800 -154.000 ) , nice profit