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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    DAILY MARKET OUTLOOK Update Time: 15 Jan 2016 09:02 GMT USD/JPY - 117.58 Although dlr's daily volatile swings seen in last 2 sessions following early corrective rise from Mon's 4-1/2 month bottom at 116.69 to 118.38 (Wednesday) is expected to continue, as the Japanese yen has recently traded inversely to movement in global stocks, intra-day renewed weakness in Asian equities should weigh on the greenback, a daily close below 117.19 would bring re-test of 116.69 next

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