USD/JPY Declines as Trump Announces Tariff Plans to Be Sent Within Two Weeks【June 12, 2025】
Fundamental Analysis
President Trump announced plans to send tariff rates to each country within two weeks
U.S. CPI falls short of expectations for the fourth consecutive month
USDJPY Technical Analysis
Analyzing the daily USD/JPY chart, the pair bounced lower from a descending trendline, with the 52-day moving average acting as strong support. The key support level lies at 142.20, and the pair is moving within a narrowing triangle pattern. The range seems to be tightening.
President Trump’s unilateral tariff announcement has rattled markets. However, relief was seen following the U.S.-China trade agreement.
Meanwhile, Middle East tensions are creating a strong risk-off mood. Crude oil has surged, and gold is also rising. This makes it difficult for USD/JPY to gain upside traction.
For now, a narrow range is expected to continue, with resistance near the 145 yen area and support around 142 yen.
XAUUSD/Daily
Day Trading Strategy (1-Hour Chart)
On the 1-hour chart, a rising wedge formation emerged, indicating a potential reversal. A completed Wolfe Wave also suggests the price has reached a profit-taking zone. Selling pressure appears to have subsided for now.
Given the current market conditions, it is hard to take a bullish stance. Instead, consider a sell-on-rally strategy around the 145 level:Set a sell limit at 144.42, stop at 144.70, and take profit at 143.50.
USDJPY/1H
Support and Resistance Levels
Support and resistance levels to watch going forward:
- 142.20 – Strong support level
Market Sentiment
USDJPY
- 39% short / 61% long
Key Economic Events Today
| Event/Indicator | Time(JPT) |
| --- | --- |UK Gross Domestic Product (GDP)15:00U.S. Initial Jobless Claims21:30
Risk Disclaimer
This analysis is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results.
This analysis is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results.