Trade Analysis & Reviews: 28.08.2018 - Technical analysis: Intraday...

28.08.2018 06:37 AM

Technical analysis: Intraday level for USD/JPY, Aug 28, 2018

In Asia, Japan will release the BOJ Core CPI y/y and the US will release some Economic Data such as Richmond Manufacturing Index, CB Consumer Confidence, S&P/CS Composite-20 HPI y/y, Prelim Wholesale Inventories m/m, and Goods Trade Balance. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVEL: Resistance. 3: 111.82. Resistance. 2: 111.60. Resistance. 1: 111.38. Support. 1: 111.11. Support. 2: 110.89. Support. 3: 110.68.

Disclaimer: Trading Forex (foreign exchange) on margin carries a highlevel 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 carefullyconsider your investment objectives, level of experience, and riskappetite. The possibility exists that you could sustain a loss of someor all of your initial investment and therefore you should not investmoney that you cannot afford to lose. You should be aware of all therisks associated with foreign exchange trading, and seek advice froman independent financial advisor if you have any doubts.

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*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Technical analysis