Forecast for USD/JPY on April 29, 2024

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29.04.2024 06:00 AM




USD/JPY The USD/JPY pair has surprised us with its relentless growth. The rise occurred on large volumes (the highest in April), but far from record volumes of the year. Most likely, the price surged as stop-loss orders for short positions located above 155.55 were triggered. The price has reached the upper boundary of the global price channel at 160.45. And it is likely for the pair to stay above this level.However, we do not see any market ideas that are




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