USD/JPY unchanged on the open and same-same from BoJ

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - USD/JPY is trading at 102.17, up 0.03% on the day, having posted a daily high at 102.24 and low at 102.14.



USD/JPY has been witness to a number of releases and post the open, well, we are mostly unchanged. Firstly, the Japan Trade Deficit for May was Y909.0 billion vs Y 1189.3 billion expected. Exports fell in -2.7% vs -1.3% expected while imports-were 3.6% vs 1.8% expected. Then, the BoJ minutes were giving us the same old beat really.



USD/JPY Levels



Spot is presently trading at 102.17, and next resistance can be seen at 102.22 (Daily 100 SMA), 102.24 (Daily High), 102.26 (Yesterday's High), 102.28 (Daily Classic R2) and 102.35 (Weekly High). Next support to the downside can be found at 102.17 (Hourly 200 SMA), 102.15 (Daily Open), 102.14 (Daily Low), 102.10 (Weekly Classic PP) and 102.09 (Hourly 20 EMA).



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    USD/JPY Technical Analysis: Trying to Expose 120.00 Level

  2. Forex News

    USD/JPY at last week’s highs looking better bid

  3. Investing

    USD/JPY: 2015 Forex Forecast

  4. Forex News

    Weekly Trading Forecast: How Far can the Dollar Go in 2014?

  5. Forex News

    Japanese Yen May Resume Recovery on Year-End Capital Flows

Trading Center