Fellas look like the market is going to wait for the core retail sales in the United States, however, we still have an opportunity to trade the Japanese cross. The U.S. economic events don’t really impact the Japanese crosses directly.

Refer to Fxleaders Aug 15 – Economic Events Brief for handy information on these major events. For now, you can draw these technical levels on your charts to have a better grip on the market.

EUR/JPY – Trading Levels

Support Resistance
125.83 126.77
125.54 127.06
125.07 127.53
Key Trading Level: 126.3

GBP/JPY – Trading Levels

Support Resistance
141.08 142.22
140.72 142.58
140.15 143.15
Key Trading Level: 141.65