Online:
Visits:
Stories:
Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

USDJPY Daily Forecast: March 17

Thursday, March 16, 2017 18:01
% of readers think this story is Fact. Add your two cents.

(Before It's News)

USDJPY Forecast
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 112.90 (yesterday’s low). A clear break below that area could trigger further bearish pressure testing 112.50 but key support remains at 111.30 area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 113.50. A clear break above that area could trigger further bullish pressure testing 114.00 or higher.

usdjpy4h



Source: http://fxinstructor.com/blog/usdjpy-daily-forecast-march-17-5

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • USD/JPY has been going mix as of now, it will be interesting to see how it will react next week, but just need to watch it all extremely closely to gain. I do it all perfectly with OctaFX broker since not only they provide me day to day market updates but also have low spreads at 0.1 pips for all major pairs while there are over 70 instruments. I also see that they also have rebate program which helps in working nicely for me.

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.