In Asia, Japan will release the Tertiary Industry Activity m/m, Revised Industrial Production m/m, Prelim GDP Price Index y/y, and Prelim GDP q/q. The US will also publish some economic data such as Core CPI m/m, and CPI m/m. So there is a probability that the USD/JPY pair will move with a low to a medium volatility during this day. TODAY'S TECHNICAL LEVEL: Resistance. 3: 114.54. Resistance. 2: 114.31. Resistance. 1: 114.09. Support. 1: 113.82. Support. 2: 113.59. Support. 3: 113.37. 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.
InstaForex Group © 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.