Gain Capital wins with a technical view on USD/JPY

Spot-on one-month views on USD/JPY and EUR/USD

forecasts

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Gain Capital has topped this week's one-month currency forecast rankings by taking a technical view on major pairs, leading to a spot-on forecast on both EUR/USD and USD/JPY.

On January 31, the firm forecast EUR/USD, USD/JPY and EUR/JPY to move to 1.37, 101 and 138, respectively. Their predictions on both EUR/USD and USD/JPY were particularly accurate, as the rate for EUR/USD on January 31 was 1.3537, climbing to 1.3778, whilst the USD/JPY was 102.36, falling to 101.23

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