View full page at forexfactory.com

 

Weekly Forex Forecast - USD/JPY, Bitcoin, NASDAQ 100, S&P 500, Silver, Crude Oil, Gold, DAX

From dailyforex.com

The US dollar has rallied rather significantly against the Japanese yen during the trading week, as we continue to threaten a breakout above the ¥152 level. If we can break above that level, then it is likely that we could go much higher. All things being equal, this is a market that anytime we get a little bit of a pullback, buyers will come back into pickup value. In general, this is a market that I think has much further to go, perhaps to the ¥155 level before it’s all said and done. Bitcoin: {chart} Bitcoin has had a rough week, reaching down toward the $60,000 level. The $60,000 level is an area that is ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis