InstaForex - Analytics


    736.75 6.25/10
    62% of positive reviews

    Technical analysis of USD/JPY for May 19, 2015


    Show full picture

    In Asia, Japan is not expected to release any economic data today but the US will publish reports on Housing Starts and Building Permits. So, there is a strong probability that USD/JPY will move with low volatility during the day.


    Resistance. 3: 120.48.

    Resistance. 2: 120.25.

    Resistance. 1: 120.01.

    Support. 1: 119.73.

    Support. 2: 119.50.

    Support. 3: 119.26.

    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.

    To leave a comment you must or Join us

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