Saved local copy captured 2026-11-01. Data is a snapshot, not a live feed.

USDJPY – Growth Expectations Within Correction Persist

06.12.2024

The situation with the analyzed trading pair unfolds according to the expected scenario. Following a significant decline, representing a downward impulse, buyers are attempting to respond. So far, they have managed to halt the decline and achieve slight growth. However, this is insufficient, and they are unlikely to stop here. This suggests that new attempts to grow will be made in the near future. Based on the current situation, one of these attempts is likely to succeed, leading to the completion of the zigzag formation currently in progress.

In this situation, making buy trades appears to be a fully justified decision. Buying at current market levels is recommended.

Recommendations: Buy at 150.00, SL at 149.75, TP at 152.00.