USD/JPY Forecast: Short term bullish, sell at higher levels

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 117.91 View Live Chart for the USD/JPY Short term bullish, sell at higher levels. The USD/JPY pair hovers around the 118.00 region, still unable to advance beyond it, but trading within positive territory as risk sentiment improved. The 1 hour chart shows that the price is hovering around a bearish 100 SMA, while the technical indicators hold within positive territory, although lacking upward strength. In the 4 hours chart, the technical indicators aim higher, but are

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