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For Traders from Club iNSIDER: Technical picture: USDJPY

Post Views: 174 Technical picture:USDJPYDaily In conclusion: At the moment, the price does not suggest positioning with a long entry point, as it is testing the area around 152, where there is a cluster of resistance. Fundamentals:The bank consensus for Q1 2025 is in the area around 150, but with a large concentration at the upper end of the range. The median projection shows the cross remaining in a range in the long term between the levels of 150 and 146. The difference in the interest rate differential is expected to narrow, as the BOJ is expected to raise and the FED to lower at the upcoming meetings, but nevertheless it remains in great favor of the dollar with +4.25

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