Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.

USD JPY Technical Analysis October 23, 2018

0

USD JPY Technical Analysis October 23, 2018

The USD rose 0.21% against the JPY on Monday and closed at 112.80. Today in the European session while USD JPY technical analysis October 23, 2018 is preparing at 10:45 GMT, the USD/JPY trading at 112.27, which is 0.46% lower against JPY from yesterday’s close.

The pair is expected to find support at 112.13. And a fall through could take it to the next support level of 111.92. The pair is expected to find its first resistance at 113.00, and a rise through could take it to the next resistance level of 113.21. For today the expected trading range is between 112.12, Support and 113.00 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 112.47 Support 2: 112.13 Support 3: 111.92
Resistance Levels: Resistance 1: 113.00 Resistance 2: 113.21 Resistance 3: 113.54

USD/JPY Buying Opportunity for Intraday Trading October 23, 2018

Buy near the support area 112.13 and 111.92 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.

USD/JPY Selling Opportunity for Intraday Trading October 23, 2018

Sell near the resistance area 113.00 and 113.21 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

EUR/USD Technical Analysis October 23, 2018
GBP/USD Technical Analysis October 23, 2018
USD/CAD Technical Analysis October 23, 2018

Leave A Reply

Your email address will not be published.