In Asia, Japan will release the Housing Starts y/y, Retail Sales y/y, Prelim Industrial Production m/m, Unemployment Rate, National Core CPI y/y, Tokyo Core CPI y/y, and Household Spending y/y. The US will release a batch of economic reports such as Revised UoM Inflation Expectations, Revised UoM Consumer Sentiment, Pending Home Sales m/m, Chicago PMI, Prelim GDP Price Index q/q, and Prelim GDP q/q. So there is a big probability the USD/JPY pair will move with low to medium volatility during the day.
TODAY TECHNICAL LEVELS:
Resistance. 3: 119.83.
Resistance. 2: 119.60.
Resistance. 1: 119.37.
Support. 1: 119.08.
Support. 2: 118.85.
Support. 3: 118.61.
The material has been provided by InstaForex Company - www.instaforex.com
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/JPY for February 27, 2015 . Thanks for your support.
No comments:
Post a Comment