Author: TerraBullMarkets

Revised USD/JPY Trade Setup – 08 May 2025 The USD/JPY pair remains in focus as markets digest the Federal Reserve’s policy tone and await a highly anticipated announcement from U.S. President Donald Trump regarding a potential trade deal with the United Kingdom. After testing multi-day highs near the psychologically significant 145.00 level, the pair is showing signs of hesitation as Fed Chair Jerome Powell signaled that the central bank is in no rush to cut rates, while also warning that protectionist tariffs could undermine the Fed’s dual mandate. Meanwhile, the U.S. Dollar has slipped back below the 100.00 handle on…...

USD/JPY Surges Toward 145.00: Powerful Rally Fueled by Fed Patience and Trade Optimism The Japanese Yen extended its retreat against the US Dollar on Thursday, with USD/JPY breaking through 144.80 as global markets reacted to a dovish Federal Reserve and renewed optimism around an imminent US trade agreement. Fed Chair Jerome Powell’s remarks underscored a patient policy stance and downplayed the urgency for interest rate adjustments, pushing Treasury yields lower and pressuring the Greenback momentarily. However, the broader narrative of a hawkish pause — coupled with geopolitical trade optimism — has emboldened USD/JPY bulls, positioning the pair for a potential…...

3 Conviction Forex Trade Ideas to Watch As global markets brace for critical monetary policy decisions from the Federal Reserve and the Bank of England, major FX pairs are navigating heightened volatility driven by trade uncertainty, shifting rate expectations, and geopolitical stress. The US Dollar remains subdued ahead of tonight’s FOMC outcome, where no rate change is expected, but forward guidance will steer near-term sentiment. Meanwhile, the Euro and Pound are responding to political developments in Europe and expectations for further easing from the ECB and BoE. Amid these shifting dynamics, select currency pairs are offering high-conviction setups with favorable…...

High Conviction Trade Ideas- 6th May Currency markets are bracing for a pivotal 48‑hour window that features the Federal Reserve’s policy announcement this evening and the Bank of England’s rate decision tomorrow. A hawkish surprise from either is considered unlikely, yet positioning is thin as investors grapple with President Trump’s unpredictable tariff agenda, persistent Middle‑East flash points and renewed drone strikes on Moscow. The resulting bid for classic safe havens has re‑energised the Japanese Yen and Swiss Franc even as the Bank of Japan signalled a slower‑than‑expected path to normalisation. Against this backdrop, the dollar index remains caged below 100.00, euro‑dollar is…...

3 Conviction Forex Trade Ideas May 5th Below is a summary of three high-conviction forex trade ideas for EUR/USD, USD/JPY, and EUR/JPY. These setups blend recent macroeconomic drivers (inflation surprises, central bank policies, geopolitical risks) with technical analysis (trendlines, Fibonacci retracements, moving averages, support/resistance). Each trade includes suggested entry and exit levels (targets and stop-loss), the trade direction (long or short), and a confidence ranking based on the alignment of fundamental and technical factors. Forex Trade Ideas May 5th: Pair Trade Entry Level Target (Take Profit) Stop Loss Confidence Rank EUR/JPY Short (sell EUR, buy JPY) ~163.20 (on break below…...

High Confidence Long USDJPY Trade Setup Market Context and Bias: Recent shifts in fundamentals and sentiment provide a supportive backdrop for a long USD/JPY bias. Signs of easing U.S.-China trade tensions have improved the risk tone and undermined safe-haven demand for the Yen. At the same time, the Bank of Japan’s cautious stance (pausing on rate hikes) has limited Yen strength. Notably, USD/JPY rebounded ~2.7% off its April lows (from ~139.9 to ~143.7) as markets priced in a more hesitant BoJ outlook. This combination of reduced risk aversion and diverging policy expectations (Fed easing bets vs. delayed BoJ tightening) has…...

Forex Trade Setups – Post NFP Update The U.S. labor market surprised modestly to the upside in April, with Nonfarm Payrolls rising by 177,000—comfortably above expectations but insufficient to derail Fed rate cut bets for the second half of the year. The report triggered a brief U.S. Dollar rebound, but the Greenback failed to hold above key technical levels, particularly the 100.00 barrier on the Dollar Index. This suggests traders remain sensitive to broader growth risks and hesitant to abandon easing expectations, especially as wage growth cooled and global macro headwinds persist. Meanwhile, the Japanese Yen remains structurally weak following…...

5 Forex Trade Setups for May 2nd Global currency markets enter a pivotal session as traders brace for April’s U.S. Nonfarm Payrolls data, with volatility rising across G10 FX amid evolving central bank outlooks, shifting risk sentiment, and diverging growth expectations. The Japanese Yen continues to underperform after the Bank of Japan delivered a dovish hold and cut its growth and inflation projections, reinforcing downside bias. In contrast, the U.S. Dollar has stabilized near multi-week highs despite growing signs of economic fragility, including a surprise Q1 GDP contraction and soft labor indicators. Expectations for a Federal Reserve rate cut in…...

3 Powerful Forex Trade Setups Major G10 currencies are navigating the fallout from a dovish Bank of Japan policy update and underwhelming U.S. growth data as markets await key U.S. payrolls. The BOJ’s decision to cut its growth and inflation forecasts—while leaving rates unchanged—has reignited selling of the yen, pushing USD/JPY above 144 and EUR/JPY through its 200-day moving average. Meanwhile, the U.S. Dollar has held firm despite the first quarterly GDP contraction since 2022, as traders weigh the prospects for Fed rate cuts against safe-haven demand. EUR/USD remains confined to a 1.13–1.14 range ahead of Friday’s employment report, reflecting…...

3 Forex Trade Ideas for April 30th Major currency pairs are realigning as global markets price in diverging monetary policy paths, weakening growth signals, and trade-linked uncertainty. The British Pound is under pressure after a sharp correction from its multi-year highs, driven by rising expectations for a May rate cut by the Bank of England amid concerns that Trump’s tariff campaign will exert a disinflationary drag on the UK economy. Meanwhile, the Euro is finding support despite softer inflation prints, buoyed by stronger-than-expected Eurozone GDP data and technical resilience against both the pound and the dollar. The U.S. Dollar remains…...