USD/JPY Forecast October 31, 2016, Technical Analysis

The USD/JPY pair went back and forth during the course of the session on Friday, showing a fairly neutral candle. The 105 level offers quite a bit of support, but at this point in time I think we may have to go back there to find buyers. On the other hand, we could break above the top of the range during the course of the session on Friday, and that of course would be a nice buying opportunity to reach towards the 107 level which is the next major resistance barrier above. - 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