USD/JPY Forecast: gapped lower at the weekly opening

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 108.32 View Live Chart for the USD/JPY The USD/JPY pair gapped lower at the weekly opening, falling down to 107.83 before regaining the 108.00, still unable to confirm some additional gains. The market turned risk-averse at the beginning of the day, and sentiment has improved just modestly ahead of the US opening, but the risk remains towards the downside in the pair, as stocks continue trading in the red, although far from their daily lows. From a technical point of

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