Forex Brokers

Avafx review

Markets.com review

AFBFX website

FXCM review

ECMarkets

SunbirdFX

eToro review

DeltaStock review

Forex.com Review

Pepperstone review

Tadawul FX Review

Hot Forex Review

USD/JPY Best to Wait

Social Sharing
  • 17 March 2010 11:58 AM GMT

By: Investija
USDJPY inside resistance and support levels got wider, at the moment resistance barrier stays at 90.66 while support remains at 90.42. If bullls can manage to breakout by 90.66 price level, the next stronger bulls barrier sits at 90.74 price level. Buying opportunities should be considered above stronger barrier at 90.74. For now short term upswings expected.

Bulls side is in safer zone above 90.42 price level, while candles can manage to hold in this place bulls have more options to recover and reach new highs in a long run.

At current situation, waiting action is better option to look for, and with buying possibilities above 90.74 price level.


0 Comments

Registration is required to ensure the security of our users. Login via Facebook to share your comment with your friends, or register for DailyForex to post comments quickly and safely whenever you have something to say.

Log in with Facebook

You can use your Facebook account to sign into our site.

Log in with Facebook

Login to DailyForex


Don't have a DailyForex Account?
Create an account now
Top Forex Broker of the Month
Top Forex Broker of the Month
AVAFX Special Bonus for DailyForex

Live Rates

SymbolChangeHighLow
EUR/USD0.00031.32831.3203
AUD/USD0.00461.07771.0684
EUR/GBP0.00010.84010.8368
EUR/JPY-0.12103.17102.28
GBP/USD0.00021.58261.5761
USD/CAD-0.00141.00150.9975
USD/CHF-0.00050.91590.9106
USD/JPY-0.0877.7777.41

Daily Forex Trader's Corner

Free Forex Trading Courses
DailyForex has teamed up with Online Trading Academy to provide you with 3 e-courses for FREE! Valued at $150, these courses focus on Technical Analysis, Trading Basics and Risk Management.

Get Your Free Forex Courses Now
Free Forex 'Trading Expert' Lesson

Stay updated with our

  • Forex RSS
  • Follow us on Twitter
  • Join our Facebook Page
  • Join our LinkedIn group and meet other Forex traders/experts
  • Read and follow us on SeekingAlpha, one of the Web's leading financial sites