USD/JPY Forecast October 11, 2016, Technical Analysis

The USD/JPY pair initially fell during the day on Monday, but then turned around to reach towards the 103.75 region. I do believe that eventually we will continue to go higher, and perhaps reach towards the 105 level over the longer term. A break above there would be an extraordinarily bullish sign, and I do not expect it to happen anytime soon but I do think that given enough time every time we pullback we will find buyers sooner rather than later, so I have no interest whatsoever in selling this particular currency pair. - 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