Technical analysis of USD/JPY for Sept 29, 2017
September 29, 2017 4:29 amVideo
Latest News
- Default continues to threaten the US May 24, 2023
- EUR/USD. May 24. Christine Lagarde sees no grounds to stop rate hikes May 24, 2023
- EUR/USD and GBP/USD: Trading plan for beginners on May 24, 2023 May 24, 2023
- GBP/USD. May 24. Inflation in Britain has decreased significantly, but not as much as traders expected May 24, 2023
- Bitcoin consolidation may end with a surge in volatility: whose side is the initiative on? May 24, 2023
- Daily Market Comment – FOMC minutes on the radar as dollar attempts comeback May 24, 2023
- Technical Analysis – Gold’s bears take the upper hand May 24, 2023
- We Organised a Memorable Evening for XMXclusive Partners May 24, 2023
- Forex forecast 05/24/2023 NZD/USD, AUD/USD and USDX from Sebastian Seliga May 24, 2023
- How long will the ECB keep raising interest rates? May 24, 2023
- Video market update for May 24, 2023 May 24, 2023
- Tips for trading USD May 24, 2023
- BTC update for May 24,.2023 -Potential for the upside movement May 24, 2023
- USD/JPY analysis for May 24, 2023 – Key resistance cluster on the test May 24, 2023
- GBP/USD trading plan for European session on May 24, 2023. COT report and overview of yesterday’s trades. Pound rose on inflation May 24, 2023
- Technical Analysis – NZDUSD plummets after RBNZ rate decision May 24, 2023
- Technical Analysis – US 100 cash index edges below the 2023 high but correction could have legs May 24, 2023
- Analysis of Gold for May 24, 2023 -Potential for higher prices May 24, 2023
- GBPUSD, H4| React off resistance? May 24, 2023
- EUR/USD, H4 | Bounce off support? May 24, 2023
In Asia, Japan will release the Housing Starts y/y, Retail Sales y/y, Prelim Industrial Production m/m, BOJ Summary of Opinions, Unemployment Rate, Tokyo Core CPI y/y, National Core CPI y/y, and Household Spending y/y data, and the US will release some Economic Data, such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Chicago PMI, Personal Income m/m, Personal Spending m/m, and Core PCE Price Index m/m. So, there is a probability the USD/JPY will move with low to medium volatility during this day.
TODAY’S TECHNICAL LEVEL:
Resistance. 3: 113.26.
Resistance. 2: 112.99.
Resistance. 1: 112.72.
Support. 1: 112.44.
Support. 2: 112.22.
Support. 3: 112.00.
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.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
Related Posts: