USDJPY: Opportunity for buyers!
Fundamental Overview
The Bank of Japan (BoJ) Governor Kazuo Ueda made some statements that were perceived as hawkish, causing the Japanese Yen (JPY) to experience a slight increase. This resulted in a bit of downward pressure on the USD/JPY pair. During a parliament session, Ueda expressed confidence that Japan's economy was improving and inflation expectations were still high. He also stated that the central bank plans to end its yield curve control policy and reduce its balance sheet after inflation reaches the 2% target sustainably.
Plan trade in the intro
The Bank of Japan (BoJ) Governor Kazuo Ueda made some statements that were perceived as hawkish, causing the Japanese Yen (JPY) to experience a slight increase. This resulted in a bit of downward pressure on the USD/JPY pair. During a parliament session, Ueda expressed confidence that Japan's economy was improving and inflation expectations were still high. He also stated that the central bank plans to end its yield curve control policy and reduce its balance sheet after inflation reaches the 2% target sustainably.
Plan trade in the intro
Trade active:
The activity is going as expected
Trade active:
go as expected
Trade active:
Running +190pips
Comment:
Running +220 pips
Trade active:
Running +270pips
Trade closed: stop reached:
Hit FULL TP +370pips
Comment:
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2. Knowledge sharing, forex trading guide. Safe capital management 💲
3. 4000 pips monthly 🚀
FREE signals in Telegram: t.me/sphyntrading
