Thursday 4 September 2014

Technical analysis of USD/JPY for September 04, 2014 Trend News

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In Asia, Japan will release the Monetary Policy Statement and BOJ press conference. Besides, the US will release some economic data such as ADP non-farm employment change, trade balance, unemployment claims, revised non-farm productivity q/q, revised unit labor costs q/q, final services PMI, ISM non-manufacturing PMI, natural gas storage, and crude oil Inventories. So, there is a big probability the USD/JPY will move with low to medium volatility during the day.


TODAY TECHNICAL LEVELS: Resistance. 3: 105.48. Resistance. 2: 105.23. Resistance. 1: 105.02. Support. 1: 104.77. Support. 2: 104.57. Support. 3: 104.36.

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