08.07.2016 - Price of USD/JPY may rebound from 100.00

Price of USD/JPY showed increased volatility during which reached the important support level at 100.00 for the continuation of which is needed strong impetus. In this case, the target levels will be 99.00 and 97.60. On the other hand, a signal to change the current trend to the negative will be fixation beyond the descending channel. Our medium-term outlook remains positive, and the potential for further decline has reduced.

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.