Technical analysis of USD/JPY for Nov 09, 2017

In Asia, Japan will release the Economy Watchers Sentiment, 30-y Bond Auction, Current Account, Core Machinery Orders m/m, Bank Lending y/y, and BOJ Summary of Opinions data, and the US will release some Economic Data, such as 30-y Bond Auction, Natural Gas Storage, Final Wholesale Inventories m/m, and Unemployment Claims. So, there is a probability the USD/JPY will move with low to medium volatility during this day.


Resistance. 3: 114.59.

Resistance. 2: 114.36.

Resistance. 1: 114.14.

Support. 1: 113.87.

Support. 2: 113.64.

Support. 3: 113.42.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Article Source

Добавить комментарий