Bullish Outlook on USD/JPY: Strong USD and Market Optimism
Following my previous analysis, I believe USD/JPY has strong bullish potential. With Trump’s election win and renewed market optimism, we’re seeing increased confidence in the USD. As risk appetite grows, investors are moving away from safe havens like gold, which has been losing momentum, and are putting their money back into the markets. This shift, combined with expectations for a stronger dollar, could create a solid uptrend for USD/JPY. As the USD strengthens, we might see higher highs in this pair in the near term.
Join my Telegram for Forex trading signals and market updates - t.me/charts_M7M
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.