01.04.2016 - We expect growth of USD/JPY

USD/JPY continues to consolidate above the support level at 112.15. In case of its breaking, quotations will decrease to the level of 111.00, but its overcoming is unlikely. According to our forecasts, the positive trend will continue in the near future and after overcoming the inclined resistance line growth will continue to 114.70. According to our forecast the price will resume growth in the near future and we maintain a medium-term positive outlook with targets at 117.00, 118.80 and 121.50.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.