USDJPY Daily Forecast: January 09

(Before It's News)

USDJPY Forecast

The USDJPY was indecisive yesterday. The bias remains bullish in nearest term testing 119.80 – 120.00 area. A clear break above that area could trigger further bullish pressure testing 120.80 – 121.00 region. Immediate support is seen around 119.40. A clear break below that area could lead price to neutral zone in nearest term testing 119.00 – 118.80. My major technical outlook remains neutral.

• USDCHF Daily Forecast: January 09
• ‘What will the most uncertain election in years do for sterling?’ Will you need to buy or sell the pound in 2015?
• Vital month for the Euro! Do you need to buy or sell Euros in 2015?
• Down trend in Gold 1 hour chart
• Sterling exchange rates drop off a little as the Pound falls back out of fashion (Daniel Wright)
• EURUSD Daily Forecast: January 08
• GBPUSD Daily Forecast: January 08
• USDJPY Daily Forecast: January 08
• USDCHF Daily Forecast: January 08
• “Cash Will Be Trash,” Future Of Gold “Very Good” – Rich Dad’s Robert Kiyosaki