USD/JPY Forecast: Bullish on US data

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 2, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 123.32 View Live Chart for the USD/JPY Bullish on US data. The USD/JPY pair advanced to its highest this week, reaching 123.35 on the back of strong US employment data, as the ADP survey showed that the private sector added 217K new jobs during November, beating expectations of a 190K advance. The pair holds to its gains ahead of the US opening, and the 1 hour chart shows that the price is well above its 100 and 200 SMAs, whilst the technical indicators have resumed

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