USD/JPY bulls maintain the lead - FXStreet

FXStreet (Barcelona) - The FXStreet Forecast Poll, highlights the near and medium term mood for USD/JPY using a FX sentiment tool, while considering the forecast from a select experts, trend calculated according to price as at 15:00 GMT Friday 24th of April.

Key Quotes

“USD/JPY bulls maintain the lead: the pair is hardly seen below 118.00, whilst hopes of higher highs for the year remain intact.”

“Average forecast for USD/JPY:

1 Week 119.23

1 Month 120.56

1 Quarter 122.15”

Forecast from Experts

Scott Barkley, President of ProAct Traders: “Still Ranging”

“Forecast: 1 Week 122.10, 1 Month 123.60, 1 Quarter 125.80”

BMO Capital Markets Team

“Forecast: 1 Week 120.00, 1 Month 121.00, 1 Quarter 121.00”