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Posted

The American session saw the USD/JPY jittering on the US labor market data release, with less payrolls than expected (+115K) and a falling unemployment rate to 8.1%, especially due to a decline in the civilian labor force.

After touching a high at 80.39, the pair fell down below 80.00 psychological level and has printed its low at 80.80, where it is currently trading.

Mataf.net analysts point to resistances at 80.55, 81.40 and 81.75, On the downside, supports might act at 80.10, 79.70 and 79.35.

  • 4 years later...
Posted

Last night, USD/JPY breaks very important range of daily chart! That’s way, right now I am only interested to SELL here! Right now, I am waiting for a reliable swing point of sell position! By the way, I have learned professional market analysis process by using live market commentaries of TradingBanks broker! That’s the power of learning!

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