NEWS: The USDJPY is falling -1.3% following an intensifying world trade war
Possible Scenarios:
If USDJPY fails to breach through S1 of 143.99, our Research Department expects the USDJPY to undergo a short- term upward correction.
If USDJPY manages to break below its S1 of 143.99, our Research Department expects the USDJPY to extend its losses to its S2 of 143.01.
Support and Resistance Levels:
USDJPY |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
142.02 |
143.01 |
143.99 |
145.31 |
146.63 |
147.61 |
148.60 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $69.42 |
(+/-) €62.62 |
(+/-) £54.2 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.10848
***GBP/USD = 1.28075
Calculations for exchange rate used as of Wednesday, April 9, 2025, 13:40 GMT+1