InstaForex - Analytics

InstaForex

719.00 6.50/10
61% of positive reviews
Real

Technical analysis of USD/JPY for February 03, 2015

!USDJPY.jpg

Show full picture
In Asia, Japan will release the 10-y Bond Auction and Monetary Base y/y. The US will release a number of economic reports such as Total Vehicle Sales, IBD/TIPP Economic Optimism, and Factory Orders m/m. So, there is a big probability the USD/JPY pair will move with low to medium volatility during the day.

TODAY TECHNICAL LEVELS:
Resistance. 3: 117.82.
Resistance. 2: 117.59.
Resistance. 1: 117.36.
Support. 1: 117.08.
Support. 2: 116.85.
Support. 3: 116.62.

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.



Arief Makmur neemt deel aan de "Analyst of the Year" onderscheiding georganiseerd door MT5.com portal. Als u zijn artikel goed vindt, stemt u dan op hem.

Uitgevoerd door, Analytische expert
InstaForex Group © 2007-2015


To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree