2018’s high set in early January lies close at hand, but yesterday’s failure to claim the key level is seeing a minor pullback underway on the intraday charts. July has seen the Dollar rise against the JPY in one-sided trading, with little sign of a technical slump yet to develop. Markets continue to price in a strong, steady rate hike path for the US Fed looking forward; a missed rate hike or dovish turn to the central bank could see the bull-ride end quickly. USD/JPY Chart, 15-Minute Spot rate: 112.70 Relative change: -0.08% High: 112.86 Low: 112.66 Trend: Bullish Support 1: 112.17 (current week low) Support 2: 111.66 (61.8% Fibo retracement level) Support 3: 110.76 (July 11th swing low) Resistance 1: 112.86 (current day high) Resistance 2: 113.13 (current week high) Resistance 3: 113.38 (2018 high; major technical top) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC sets the Yuan reference rate at 6.7066 FX Street 5 years 2018's high set in early January lies close at hand, but yesterday's failure to claim the key level is seeing a minor pullback underway on the intraday charts. July has seen the Dollar rise against the JPY in one-sided trading, with little sign of a technical slump yet to develop. Markets continue to price in a strong, steady rate hike path for the US Fed looking forward; a missed rate hike or dovish turn to the central bank could see the bull-ride end quickly. USD/JPY Chart, 15-Minute Spot rate: 112.70 Relative change: -0.08% High: 112.86 Low: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
