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USD/JPY Forecast: More gains above 118.90

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 118.30 View Live Chart for the USD/JPY More gains above 118.90 The USD/JPY pair fell down to 117.65 during the Asian session, having however, recovered the 118.00 level during the European morning. The Japanese yen remains confined to tight intraday ranges, mostly following oil's lead when it comes to direction, with the currency appreciating as the commodity grinds lower, and easing as the black gold recovers ground. Technically, the 1 hour chart shows that the price

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