Technical Analysis Daily

Daily Forex Technicals | Written by iFOREX.bg | Oct 31 08 11:49 GMT |

USD/JPY 97.65 - 31 October USD/JPY Open 97.54 High 99.08 Low 96.44 Close 97.38 On Thursday the Dollar/Yen continued its upward adjustment. The currency couple reached a peak at 99.12 closed at 98.57. During the Asian session, however, the pair traded lower around 98.30, and later in The European session it corrected back to the daily low 96.44. The model today is mixed with rising alerts for the longer term. The first support level is 96.45 followed by 95.00. CCI is in the neutral zone on the daily chart. Technical resistance levels: 99.00 100.10 101.00 Technical support levels: 96.45 95.00 94.05 Trading range: 97.55 - 98.15 Trend: Upward Buy at 97.65 SL 97.35 TP 98.05 iFOREX.bg Forecasts and Trading Signals http://www.zifx.com