ppp7
Long

Continuation in Bullish momentum for the USDJPY

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
The combining factors of BOJ easing, USD rally across the board and the upcoming events in the Euro             makes for a weaker yen in general which means to be bullish on the USDJPY             . The monthly chart confirms this and the picture is very clear on the weekly.

After the initial break out to the upside and then the subsequent consolidation the last 6-8 months, we are seeing another rally. As long as the trend-line holds (green line), expect this pair to continue push higher with a projected target of 128.50.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out