2018-07-04
Today, Japan and the US will not release any Economic Data. So there is a probability the USD/JPY will move with a low volatility during this day.
TODAY'S TECHNICAL LEVEL:
Resistance. 3: 110.94.
Resistance. 2: 110.72.
Resistance. 1: 110.51.
Support. 1: 110.24.
Support. 2: 110.02.
Support. 3: 109.81.
Disclaimer: Trading Forex (foreign exchange) on margin carries a high level 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 carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Technical analysis: Intraday Level For EUR/USD, July 04, 2018
2018-07-04
When the European market opens, some Economic Data will be released such as Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI. The US today will not release any Economic data because of the US National Holiday, The Independence Day, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY'S TECHNICAL LEVEL:
Breakout BUY Level: 1.1715.
Strong Resistance:1.1708.
Original Resistance: 1.1697.
Inner Sell Area: 1.1686.
Target Inner Area: 1.1658.
Inner Buy Area: 1.1630.
Original Support: 1.1619.
Strong Support: 1.1608.
Breakout SELL Level: 1.1601.
Disclaimer: Trading Forex (foreign exchange) on margin carries a high level 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 carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!
No comments:
Post a Comment