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14.03.201603:50 Forex Analysis & Reviews: Technical analysis of USD/JPY for March 14, 2016

Long-term review

Exchange Rates 14.03.2016 analysis

In Asia, Japan will release the Core Machinery Orders m/m, and the US will not deliver any economic data today. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 114.52.

Resistance. 2: 114.29.

Resistance. 1: 114.07.

Support. 1: 113.79.

Support. 2: 113.57.

Support. 3: 113.35.

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.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Arief Makmur,
Analytical expert of InstaForex
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