GBP/JPY & EUR/JPY – Intraday Trading Levels
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...
Arslan Butt•Wednesday, August 15, 2018•1 min read
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
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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