Technical analysis of USD/JPY for November 25, 2014
November 25, 2014 7:15 am
In Asia, Japan will release the Monetary Policy Meeting Minutes, SPPI y/y, and BOJ Gov Kuroda Speech. The US will publish some economic data such as Prelim GDP q/q, Prelim GDP Price Index q/q, HPI m/m, S&P/CS Composite-20 HPI y/y, CB Consumer Confidence, and Richmond Manufacturing Index. 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: 118.58.
Resistance. 2: 118.35.
Resistance. 1: 118.12.
Support. 1: 117.83.
Support. 2: 117.60.
Support. 3: 117.37.
The material has been provided by InstaForex Company – www.instaforex.com
In Asia, Japan will release the Monetary Policy Meeting Minutes, SPPI y/y, and BOJ Gov Kuroda Speech. The US will publish some economic data such as Prelim GDP q/q, Prelim GDP Price Index q/q, HPI m/m, S&P/CS Composite-20 HPI y/y, CB Consumer Confidence, and Richmond Manufacturing Index. 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: 118.58.
Resistance. 2: 118.35.
Resistance. 1: 118.12.
Support. 1: 117.83.
Support. 2: 117.60.
Support. 3: 117.37.
The material has been provided by InstaForex Company – www.instaforex.com
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