My forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD - page 45
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USD/JPY forecast for the week of October 19, 2015 The USD/JPY pair initially fell during the course of the week, but found enough support to turn things back around and form a nice-looking hammer. This hammer of course is a buying opportunity, and a break above the top of it should send this market looking for at least 121, if not much higher than that. We believe the market will eventually try to reach the 125 level, but with all of the concern and questions surrounding the Federal Reserve, expect a bumpy move going forward as confusion will reign.
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