Sponsors

USD/JPY Forecast November 13, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 13 November 2015 06:35 UTC

The USD/JPY pair continues to grind itself a little bit lower, as the market seems a bit stretched at the moment. Ultimately though, we feel that the market should continue to find buyers below, and we are especially interested in the 122 handle. After all, that is where the market broke out of consolidation recently. A supportive candle in that area would have us buying as it should send this pair looking for the 125 handle later. We have no interest in selling, and quite frankly feel that this market will more than likely break above the 125 handle given enough time.

USD/JPY Forecast November 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.