Latest Posts

Featured Image

USD/JPY clinging to gains ahead of Wall Street opening bell

Team FX Trading Revolution | Jan 18, 2019

Featured Image

GBP/USD: Pound retreats after dismal UK retail sales data

Team FX Trading Revolution | Jan 18, 2019

Featured Image

Canada: CPI for December +2.0% y/y vs +1.7% estimated

Team FX Trading Revolution | Jan 18, 2019

Featured Image

JPY strongest & NZD weakest on January 17th

Team FX Trading Revolution | Jan 17, 2019

Featured Image

EUR/JPY extending softer outlook below 125.00

Team FX Trading Revolution | Jan 17, 2019

Featured Image

AUD/USD holding weak tone amid US-China trade concern

Team FX Trading Revolution | Jan 17, 2019

Featured Image

Fx Options expiries for January 17

Team FX Trading Revolution | Jan 17, 2019

Featured Image

US: NAHB housing market index 58 vs 56 estimated

Team FX Trading Revolution | Jan 16, 2019

Featured Image

EUR/USD: Euro bulls gain back control after dipping below yesterday lows

Team FX Trading Revolution | Jan 16, 2019

Featured Image

PM May may survive no-confidence vote - TDS

Team FX Trading Revolution | Jan 16, 2019

USD/JPY challenging daily lows at 108.00

01/14/2019
at 12:08 PM

USD/JPY is testing the daily lows near 108.00 handle, looking for further direction. The pair has retraced lower amid drop in US yields. Global markets have experienced sour risk sentiment on the day after downbeat Chinese trade figures released. 

Further fresh impetus will be provided by Philly Fed manufacturing index due on the day. 

Levels to Consider

Immediate support lies at 108.00 handle ahead of 107.50 and then 106.75. On the flip side, immediate resistance lies at 109.00 handle ahead of 110.26 and then 111.00 handle.

undefined