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USD/JPY Outlook April 15-19

From forexcrunch.com

USD/JPY was so close to regaining the extra digit and breaking the 100 line, but eventually shied away and didn’t breach this magical line. Will it happen now or is this failure a bearish sign? Haruhiko Kuroda’s speeches are the major event this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week, BOJ Governor Haruhiko Kuroda said the Bank of Japan has taken all necessary steps to meet its 2% inflation target in two years and that the bank will make sure the market will not be greatly affected by its unprecedented massive bond buying. Will Kuroda succeed in his ... (full story)

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