28.07.2015 - USD/JPY sharply corrected upwards

The price of USD/JPY corrected upwards after rebounded from the support level at 123.00. Currently quotes reached the upper limit of the local rising channel, and may continue to grow to the levels 124,25-124,50 soon. Overcoming these marks will be a signal to continue to grow to the next targets at 125.00, 125.70 and 128.00. On the other hand, fixing below 123.00 will be the reason for a drop in prices to 122.50, 121.50 and 120.20. Our medium-term outlook is positive and we expect a strong price movement tomorrow.

June 18 of USD Performance

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.