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Daily Recommendations on Major -USD/JPY

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 22, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 22 Jan 2016 08:48 GMT USD/JPY - 118.15 Although price has risen again in Asia on the back of strong gains in crude oil price as well as broad-based relief rally in Asian stocks, suggesting near term erratic upmove from Wed's 1-year bottom at 115.97 would head to 118.28/38 after consolidation, only a daily close above this previous res area would retain bullish prospect of stronger correction twd 118.85. On the downside, below 117.54

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