Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 21 Jan 2016 08:44 GMT USD/JPY - 116.93 Despite yesterday's resumption of recent downtrend to a 1-year bottom of 115.97 in Europe, subsequent erratic rise to 117.05 in New York due to recovery in the Dow, then intra-day cross-inspired rally to 117.48 in Asia confirms temporary low has been made and 2-3 days of choppy consolidation is in store. As dollar has rebounded after a strong retreat to 116.47 in early European morning due

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