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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 29, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 29 Dec 2015 08:26 GMT USD/JPY - 120.36 Despite yesterday's cross-inspired rebound to 120.63 in Europe, subsequent weakness to 120.20 in New York suggests dollar's correction from last Fri's 7-week trough at 120.05 has ended there and expect minor consolidation before recent erratic fall from November's 12-week peak at 123.77 resumes to 119.91/96, loss of momentum should keep price well above daily sup at 119.62 and bring correction. On the

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