Daily Analysis of USD/JPY

Daily Analysis of GBP/USD
November 6, 2017
Daily Analysis of USD/CHF
November 6, 2017

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 114.08 JPY to 114.03 JPY. This morning the currency pair is trading at 114.29 JPY. According to the analysis of Forex Markex Signals, if US dollar breaks the resistance levels at 114.43 – 114.43 JPY, the aim will be reaching and testing the zone 114.82 – 114.82 JPY. If it is successful, the upward trend will continue to 115.22 – 115.22 JPY. If USD drops below the support levels at 113.64 – 113.63 JPY, it will try to find next support at 113.23 – 113.23 JPY. In case of breaking down, the downward trend will continue to 112.84 – 112.84 JPY.

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