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Technical analysis: Intraday levels for USD/JPY, May 22, 2018
In Asia, Japan will release the BOJ Core CPI y/y and the US will also release some economic data such as Richmond...
In Asia, Japan will release the BOJ Core CPI y/y and the US will also release some economic data such as Richmond Manufacturing Index. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.TODAY'S TECHNICAL LEVELS:Resistance. 3: 111.52.Resistance. 2: 111.30.Resistance. 1: 111.08.Support. 1: 110.81.Support. 2: 110.60.Support. 3: 110.38.Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for...

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In Asia, Japan will release the BOJ Core CPI y/y and the US will also release some economic data such as Richmond Manufacturing Index. So there is a probability the USD/JPY pair will move with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Resistance. 3: 111.52.

Resistance. 2: 111.30.

Resistance. 1: 111.08.

Support. 1: 110.81.

Support. 2: 110.60.

Support. 3: 110.38.

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.

Forex analysis 22 May 2018, 02:42 UTC+00
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Technical analysis of NZD/USD for May 22, 2018
The NZD/USD pair will continue rising from the level of 0.6921 in the long term. It should be noted that the support...
Overview: The NZD/USD pair will continue rising from the level of 0.6921 in the long term. It should be noted that the support is established at the level of 0.6921 which represents the daily support on the H1 chart. The price is likely to form a double bottom in the same time frame. Accordingly, the NZD/USD pair is showing signs of strength following a breakout of the highest level of 0.6921. So, buy above the level of 0.6921 with the first target at 0.6965 in order to test the daily...

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Overview:

The NZD/USD pair will continue rising from the level of 0.6921 in the long term. It should be noted that the support is established at the level of 0.6921 which represents the daily support on the H1 chart. The price is likely to form a double bottom in the same time frame. Accordingly, the NZD/USD pair is showing signs of strength following a breakout of the highest level of 0.6921. So, buy above the level of 0.6921 with the first target at 0.6965 in order to test the daily resistance 1. Moreover, the RSI is still signaling that the trend is upward as it remains strong above the moving average (100). This suggests that the pair will probably go up in coming hours. If the trend is able to break the level of 0.6965, then the market will call for a strong bullish market towards the objective of 0.6997 today. The level of 0.6997 is a good place to take profits. On the other hand, in case a reversal takes place and the NZD/USD pair breaks through the support level of 0.6921, a further decline to 0.6870 can occur. It would indicate a bearish market.

Forex analysis 21 May 2018, 23:08 UTC+00
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