| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
USDJPY Daily Forecast: August 19
Tuesday, August 18, 2015 19:10
% of readers think this story is Fact. Add your two cents.
USDJPY Forecast
The USDJPY had another insignificant movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Potential daily range today remains between 123.75 – 125.00. We need a clear break from that area to see clearer direction. Overall, as long as stays above 123.75 (H4 EMA 200)I remain bullish with nearest target seen around 125.85.
Source: http://www.fxinstructor.com/blog/usdjpy-daily-forecast-august-19-5
I guess finally we are able to see the wheels getting lose, as we have been in same range for over a month now with UJ, but now things are looking to change and I feel it’s good opportunity to enter into buy with long term option, I am extremely lucky to have OctaFX broker with me with their swap free account option available, I can keep my trades open as long as I wish without having to pay any charges at all without any trouble.