JuliaFX

Forecast for 28-31 December 2015

FX:USDJPY   U.S. Dollar/Japanese Yen
First, a review of last week’s predictions:
The USD/CHF             pair gave the impression that Swiss bankers closed down for the holidays – the pair went neither up nor down but remained at the pivot point of the past 3 weeks, i.e. 0.9900.

Forecast for the Coming Week
It has to be noted that all analysts are off for the holidays, and thus forecasts will be based on graphical and technical analysis for the time being.
All indicators point downward for USD/JPY             . However, graphical analysis on H1, H4 and D1 indicates that the pair will try to recover last week’s losses – first, it will return to resistance at 121.15, then rebound to support at 120.25 and again go up to 121.45.

Roman Butko, NordFX
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out