USDJPY - 1 May, break and continue to recover

1 Mei

USDJPY trend forecast MAY 1 , 2025


💬The Bank of Japan (BoJ), upon concluding its two-day monetary policy meeting on Thursday, opted to maintain its short-term interest rate target within the 0.40% to 0.50% range, a decision that was widely anticipated by market participants. This marks the second consecutive meeting in which the central bank has chosen to hold steady, following its landmark 25 basis point rate hike in January — the first in years — which brought the benchmark rate to 0.50%. The BoJ's decision to pause reflects a cautious approach as policymakers continue to assess the evolving economic landscape, inflationary trends, and the potential impact of global financial developments, particularly amid a delicate recovery in domestic demand.

💬 H1 frame, breakout price forms bullish DOW pattern, waiting for 143,200 retracement point to continue uptrend


🥇/// BUY USDJPY: zone 143.200 - 143.000

SL: 142.700

TP: 40 - 60 - 150pips ( 144.500 )


Safe and profitable trading

1 Mei

Dagangan aktif

USDJPY grows strongly, as planned