Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

USDJPY Daily Forecast: November 16

Tuesday, November 15, 2016 18:17
% of readers think this story is Fact. Add your two cents.

USDJPY Forecast
The USDJPY continued its bullish momentum yesterday topped at 109.33. The bias remains bullish in nearest term testing 110.00 area before targeting 111.50 region. Immediate support is seen around 108.50. A clear break below that area could lead price to neutral zone in nearest term testing 108.00 but as long as stay above 106.75 price is still in a strong bullish phase and any downside pullback should be seen as a good opportunity to buy.



We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

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 2 comments
  • Ahmed

    We have really seen this pair work up seriously high, but now we can be certain of reverse, but how far and when it’s going to be there is the question that needs to be asked. I am forever ready and due to OctaFX broker with their cTrader mobile platform, I am able to do it fairly easily which is why I find it so rewarding and also keeps me entirely at ease and relaxed with everything, so I can perform nicely without any trouble.

  • Henry Parker

    USD/JPY is really leading the way big time with no looking back scenario. However, it’s fair to say that things could change quickly in coming weeks, but we must be careful with how we handle things. I keep it simple and thanks this, I do it all with extra confident with them due to having stuff like 50% bonus on deposit, low spreads and much more, it’s ideal place to work with.

Top Stories
Recent Stories



Top Global

Top Alternative




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.