Visitors Now:
Total Visits:
Total Stories:
Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

USDJPY Daily Forecast: October 05

Tuesday, October 4, 2016 19:10
% of readers think this story is Fact. Add your two cents.

(Before It's News)

USDJPY Forecast
The USDJPY had a bullish momentum yesterday topped at 102.96. The bias remains bullish in nearest term targeting 103.35 – 104.00 region. Immediate support is seen around 102.50. A clear break below that area could lead price to neutral zone in nearest term but only a clear break back below 101.80 would potentially end the double bottom bullish scenario. Overall I remain bearish.


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
  • USD/JPY at the moment is pretty hot with the pair hanging quite high, but there might be good chance for sell, but we got to be very wise with how we deal up and that’s why we need to be extremely careful. I am operating with Islamic account with OctaFX broker and that allows me to do long term trading very easily due to no issues with paying overnight charges at all, so that makes me entirely comfortable and relaxed with doing everything!

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.