Sponsors

USD/JPY Forecast July 13, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 11 July 2015 09:46 UTC

The USD/JPY pair broke higher during the course of the session on Friday, breaking above the 122.50 level. With that being the case, the market looks like it is ready to continue going higher, and we believe that pullbacks are buying opportunities. With this, we have no interest in selling this market as the uptrend line did in fact hold, and we believe that the market is going to work its way back towards the 125 handle. We have no interest in selling, because we believe that the Greek crisis is starting to come to an end, and this pair is a bit of a “risk on” type of market, going higher when times are good.


 

USD/JPY Forecast July 13, 2015, Technical Analysis

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.