USD/ JPY ! 11/14 ! JPY value will increase

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USDJPY trend forecast November 14, 2024

The Japanese Yen (JPY) remains under selling pressure during the Asian session on Thursday, helping USD/JPY reach the 156.00 level for the first time since July 23, supported by a strong US Dollar (USD). Market sentiment suggests Japan’s political climate may hinder the Bank of Japan (BoJ) from further tightening its policy, which weakens the JPY. Additionally, worries about potential trade tariffs from US President-elect Donald Trump add further pressure on the Yen.

The dollar is benefiting from the new president trump FOMO, but it is cooling down soon.

The Japanese yen also has new moves with the new prime minister, helping the value of the Japanese yen increase further.


/// SELL USD/JPY : zone 156.100 - 156.400

SL: 156.700

TP: 40 - 100 - 200 pips (154.400)



Safe and profitable trading
Transaction en cours
+ 45 pips, profit from entry SELL USD/JPY( 156.100-156.400)
Trade fermée: cible de profit atteinte
+ 200 pips , profit signal SELL USDJPY ZONE 156.100 - 156.400 , FULL TP, nice signal
Beyond Technical AnalysisTechnical IndicatorssellsetupsellsignalselltradesellzoneshortsetupshorttradeTrend Analysisusdjpyanalysisusdjpysellusdjpyshort

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