Forex forecast USD to JPY

  • Sep 28 2022
  • by
  • Analyst AZA
Forex forecast USD to JPY

Forex forecast USD to JPY

A new push to increase the price has a great chance of making a profit. The American dollar is steadily putting pressure on the Japanese yen and raising the rate of the currency pair in the forex market. The quotes of the lowest spread currency pairs have hit the resistance level for the third time. Once bullish traders managed to break through this level. And now we see the next attempt to break through on the currency chart. USDJPY forex forecast for today is opening a long position at a flat price of 145.00. This trading strategy can be applied to PAMM investing as well.

Symbol: USDJPY
Order Type: Pending Order - Buy Stop
Entry Price at 145.00
Take Profit at 145.50
Pips Earning: 50

Trading options for beginners:
EURUSD sell at the price of 0.9535
USDJPY buy at the price of 145.00
GBPUSD sell at the price of 1.0540
USDCHF buy at the price of 0.9965

The result of a trade recommendation.

The result of a trade recommendation for the USDJPY currency pair

How to use fundamental analysis in forex trading
The profit can be $349.65 if the trading volume of 100000 USD (1 Lot).


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