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Daily USD JPY Forecast 25th November, 2016

USD JPY Forecast 25th November, 2016

USD JPY Forecast 25th November, 2016

USD JPY Forecast Overview

Prev. Close      113.36
Open               113.36
Day’s Range   113.20 – 113.90
52 wk Range   99.08 – 123.67
1-Year Return  – 7.31%

Technical Support and Resistance

Daily USD JPY forecast shows USD JPY pair may find the immediate support at 113.23. If, market breaks the first support then it will go for the following support to test. Following supports are 113.11 and 113.00. On the other side the market has immediate resistance 113.84. If, market breaks the primary resistance level then, market will go for the new resistance level 114.33 and 115.08.

Expected trading range for today is between 113.20 supports and 113.90 resistance.

Along with technical analysis following economic event are very important to analyze the financial market properly.

 

Important Economic Events In Japany: (GMT +2)

  1. Tokyo Core CPI y/y
  2. National Core CPI y/y
  3. SPPI y/y
  4. BOJ Core CPI y/y