20.07.201805:41 Forex Analysis & Reviews: Technical analysis: Intraday level for USD/JPY, July 20, 2018

Long-term review

Exchange Rates 20.07.2018 analysis

In Asia, Japan will release the All Industries Activity m/m and National Core CPI y/y data, and the US today will not release any Economic Data. So, there is a probability the USD/JPY will move with a low to medium volatility during this day.


Resistance. 3: 113.04.

Resistance. 2: 112.82.

Resistance. 1: 112.60.

Support. 1: 112.32.

Support. 2: 112.10.

Support. 3: 111.88.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or 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 market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Arief Makmur,
Analytical expert of InstaForex
© 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Can't speak right now?
Ask your question in the chat.