Main Quotes Calendar Forum
flag

FX.co ★ Technical analysis: Intraday level for USD/JPY, May 17, 2018

parent
Forex Analysis:::2018-05-17T03:28:48

Technical analysis: Intraday level for USD/JPY, May 17, 2018

Technical analysis: Intraday level for USD/JPY, May 17, 2018

In Asia, Japan will release the Core Machinery Orders m/m data, and the US will release some Economic Data such as Natural Gas Storage, CB Leading Index m/m, Unemployment Claims, and Philly Fed Manufacturing Index. So, there is a probability the USD/JPY will move with a low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL:

Resistance. 3: 110.90.

Resistance. 2: 110.68.

Resistance. 1: 110.47.

Support. 1: 110.19.

Support. 2: 109.98.

Support. 3: 109.76.

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.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...