USD/JPY Trading Forecast

03 September 2010 @ 02:28 am EDT

USD/JPY closed lower on Thursday and the mid-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI have turned bearish signalling that sideways to lower prices are possible near-term. Closed above Monday's low crossing are needed to confirm that a short-term low has been posted.  

© Copyright HY Markets All rights reserved.

E-Newsletters

We value your privacy. Your email address will not be shared.