USD/JPY creeping higher - FXBeat

By FXstreet.com | Updated August 15, 2014 AAA

FXStreet (Łódź) -
">Matt Bacon-Hall, Editor at FXBeat, sees the USD/JPY moving upwards on Friday.



Key quotes



"USD/JPY traded to 101.50 about this time last week as geopolitcal risks dominated the headlines."



"However, here we are back at 102.60...almost right back where we started."



"The topside now looks vulnerable, with buy stops from medium term accounts above 103.10 and again through 103.25."



"Just need to clear those 102.80-00 offers!"



You May Also Like

Related Forex Analysis
  1. Forex News

    USD/JPY may test 121 in near-term – Scotiabank

  2. Forex News

    USD/JPY starts week close to 120 – MP

  3. Forex News

    USD/JPY nears 120.00

  4. Forex News

    USD/JPY climbs higher, eyes 120 levels

  5. Forex News

    Credit Suisse: Expect USD/JPY to target 119.90 levels - eFXnews

Trading Center