Quick News

Trading chances Important for aday

Calendar

Controls on companies Forex

Central banks affect the forex

Forex Pivot Points

!!Free Forex Signals

World prices for Gold

Gold prices by year

Advertising

Advertise Here

A7
155 X 225

Click here to request advertising



Advertising






نقاط الدعم والمقاومه توصيات مجانيه اخبار العملات اخبار النفط اخبار الذهب اخبار العملات اخبار العملات اخبار العملات اخبار النفط اخبار الذهب

Home Page > Forex News > USD/JPY retreats, unable to rise above 120.00

USD/JPY retreats, unable to rise above 120.00


Advertising
- USD/JPY trimmed gains during the last hours and recently fell to 119.68, the lowest since Asian hours. Earlier the pair climbed to 119.96, hitting the strongest level in two weeks.

Price holds near session lows ahead of US economic data. “Personal income and spending will be in focus early in a busy data week, with personal income expected to rise 0.5% following strong hourly wage growth in January. Spending is nevertheless expected to remain flat during the month as retail sales continue to disappoint despite consumer savings from gasoline prices. Core PCE is expected to rise a meager 0.1% during the month and to remain flat at 1.3% y/y, though we highlight some risk to the downside”, noted analysts from TD Securities. Also the february ISM manufacturing will be release, analysts from TD securities expect it to moderate just slightly to 52.8 from 53.5.

USD/JPY finds resistance near 120.00

The pair lost strength near 120.00. Also it was unable so far to consolidate above 118.80 where last week highs lie. If the US dollar manages to make a clear break on top of 120.00, the next resistance could be located around 120.45/50 (Feb 11, 12 high); above it would be trading at the strongest level in a month. 
2015/2/3        

:

Do you need assistance in Forex?   




Newsletter
Free Signals
Enter your email to receive the free signals

Advertising



Advertising Text

يقدم خدمات اخبارية اقتصادية مبتكرة تهم كل متابع لعالم الاقتصاد
www.al-iqtisad.net

انت الرابح من تقلب اسعار العملاتهيا استغل الفرصه
www.forexonline1.com

تعليم ارشاد وتدريب مجاني تمتع مع افضل خدمات الفوركس
www.forexonline1.com

Advertise with us
Click here


Tags
 


Internet Trading Risks: The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Advertising: We take informed Sirs clients forexonline1 that we do not have agents in any country. Any dealings outside of our site is responsible for it and claims that the deal for our site or it agent to us are not responsible for that too. and we are responsible for what you received from us we are directly without intermediary Or agent. And that the companies declared on our website just for advertising only.

High Risk Investment: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade 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.

Market information: Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. Forexonline1.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

اخبار العملات اخبار النفط اخبار الذهب