26.05.2015 - USD/JPY has reached the target level and continued the growth

The price of USD/JPY has met our forecasts and reached the target level of 122.00 after fixed above the resistance level at 121.50. This fact is the basis for the continued growth of quotations of the pair to the next target level at 124.00 and 125.00. Within the correction, the price can return inside the rising channel and fall to its lower limit. Our medium-term outlook remains positive and we recommend holding long positions.

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.