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USD/JPY Forecast: Bearish pressure prevails

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 111.53 View Live Chart for the USD/JPY Bearish pressure prevails. The USD/JPY pair remains subdued, having advanced up to 111.73 before turning back south, overall maintaining the negative tone that led the pair for all of this past March. The Nikkei 225 edged slightly lower, having no effects over the pair, whilst the neutral tone in US futures is keeping the pair confined to a limited range. The technical short term picture favors the downside, as in the 1 hour

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