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USD/JPY Forecast: Trading near its daily high of 119.77

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 20, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 119.72 View Live Chart for the USD/JPY The USD/JPY pair trades near its daily high of 119.77 ahead of the US opening, having advances on the back of improved market's sentiment. Nevertheless, the pair is far from signaling a more sustainable move, still trapped in its usual range. Short term, the 1 hour chart presents a mild positive tone, given that the price is above its 100 and 200 SMAs, whilst the technical indicators head higher above their mid-lines. In the 4 hours

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