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Main » 2016 » July » 30 » Forex Forecast USD / JPY today 01/08/2016
Forex Forecast USD / JPY today 01/08/2016



The strengthening of the Japanese currency at the end of last week, the Central Bank contributed to the extension of measures as a result of Japan's two-day meeting. However, the BoJ decision disappointing market players who had expected a more ambitious actions to support inflation.




Current situation

The yen gained control in trading on the pair USD / JPY. The pair fell and found at least 11 July. Resistance is located at 103.50, support - at 102.50.


MACD and RSI continue to form a sell signal. MACD has decreased, which indicates a strengthening of the positions of sellers. RSI entered the oversold zone.


On the 4-hour chart, the tool broke the 50 EMA 100 EMA and the 200 EMA in the downward direction. The moving averages have turned in the downward direction.


Forecast USD / JPY

Attention should be paid to the level of 101.40. In the event of breakdown downward movement may continue downwards.


Forecast Fort Financial Services

Views: 171 | Added by: mik | Tags: forex forecast, forecasts the Financial services th, forex forecast for today, For, Forex, usdjpy forecast, the forecast for today | Rating: 0.0/0
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