Tuesday, April 2, 2013

MONTHLY OUTLOOK: GBPJPY

THE YEN OUTLOOK FOR APRIL 2013

The Yen pairs having reach their highest price so far in 2013 have been consolidating within a concrete zones ranging between 700-1000 points since February 2013.  These ranges have now been narrowed down to about 500 pip each as follows:

GBPJPY   -  140-145
EURJPY   -  120-125
USDJPY    -  90-95
AUDJPY   - 95-100
NZDJPY   -  75-80

The range could be seen clearly in the Monthly and weekly charts attached.













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