USD/JPY Forecast January 26, 2016, Technical Analysis

The USD/JPY pair initially fell during the day on Monday, but found enough support below the 118.50 level to form a bit of a hammer. The hammer of course is a very bullish sign, and a break above the top of that hammer for the day would be reason enough for us to start buying again. Keep in mind that this pair is highly sensitive to risk appetite, so if stock markets rally from here it’s very likely that the market will continue to go much higher. We have no interest whatsoever in selling this market. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the