Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

USDJPY Daily Forecast: March 13

Sunday, March 12, 2017 17:45
% of readers think this story is Fact. Add your two cents.

(Before It's News)

USDJPY Forecast
The USDJPY continued its bullish momentum last week topped at 115.50 but closed a little bit lower at 114.78. The bias is neutral in nearest term probably with a little bearish bias testing 114.35/00 support area. On the upside, 115.60 region remains a key resistance and good place to sell with a tight stop loss as a clear break and daily close above that area would expose 117.00 – 118.60 region.



Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • It will be interesting to see how the momentum works out, as the rate hike is ahead, it will be extremely important to trade with proper plan, as with such event it’s about one mistake that could cause huge trouble. I trade with OctaFX broker and under them, I can do it all fairly nicely especially with the conditions which counts for lowest possible spreads at 0.1 pip to high leverage up to 1.500 while there is also rebate scheme where I get 50% back on all trades even if it’s lost.

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.