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02.08.201905:53 Forex Analysis & Reviews: Technical analysis: Important Intraday Levels for USD/JPY, August 02, 2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 02.08.2019 analysis

In Asia, Japan will release the Monetary Policy Meeting Minutes and Monetary Base y/y. The US will also publish some economic data such as Revised UoM Inflation Expectations, Factory Orders m/m, Revised UoM Consumer Sentiment, Trade Balance, Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings m/m. So there is a probability the USD/JPY pair will move with medium to high volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance.3 : 107.59. Resistance. 2: 107.38. Resistance. 1: 107.17. Support. 1: 106.91. Support. 2: 106.70. Support. 3: 106.49. (Disclaimer)
Arief Makmur
Analytical expert of InstaForex
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