InstaForex - Analytics


719.00 6.50/10
61% of positive reviews

Technical analysis of USD/JPY for June 16, 2015


Show full picture

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


Resistance. 3: 124.18.

Resistance. 2: 123.92.

Resistance. 1: 123.69.

Support. 1: 123.41.

Support. 2: 123.17.

Support. 3: 122.92.

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 be or register

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