Could USD/JPY see a reversal soon?
The USD/JPY pair has shown a strong upward movement over the past four weeks, rising from 140 after reaching a low of 135. While this appears to be a corrective wave, it is anticipated that the pair could continue its ascent towards a potential peak in the range of 152.8 to 155. However, after reaching these levels, a gradual decline is expected, with a potential target of 126 within the next six months.
It is important to highlight the elevated risks associated with this outlook, particularly due to the upcoming U.S. elections. A potential victory by Donald Trump may lead to a bearish shift in the USD/JPY pair, as market sentiment could react negatively to his anticipated economic policies. Additionally, geopolitical tensions remain a significant factor, adding further volatility and increasing the likelihood of a reversal in the current trend.
It is important to highlight the elevated risks associated with this outlook, particularly due to the upcoming U.S. elections. A potential victory by Donald Trump may lead to a bearish shift in the USD/JPY pair, as market sentiment could react negatively to his anticipated economic policies. Additionally, geopolitical tensions remain a significant factor, adding further volatility and increasing the likelihood of a reversal in the current trend.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.