USDJPY: consolidation before the publication of the December statistics on the US labor market

March 5, 2015

USDJPY
Buy on a level breakthrough of 119.90 with 120.25 target. Stop loss = 119.55.

Reason for the trading strategy
Today at 13.30 GMT, the weekly labor market report in the US will be published. The reduction in the number of initial unemployment benefit claims in the US from 313 thousand to 293 thousand expected over the past week may support the USD/JPY pair.

USDJPY, H1

Publication source
Exness information  Exness reviews

March 1, 2017
Investors sail to safe harbours
The Dollar index flattened as Trump gave a speech ahead of the Congress meeting. The president left the market without any clues on the taxation issue saying it is postponed till the cancellation of Obamacare...
February 28, 2017
Gold may benefit from Trump
The gold price is powering ahead today, racking up its third consecutive day of gains as traders position themselves for a speech tonight by US President Donald Trump...
February 17, 2017
Golds rally may falter
The gold price has racked up its 2nd straight day of gains today on the back of US dollar weakness and doubts over an interest rate hike next month from the US Federal Reserve...

NPBFX Rating
Tickmill Rating
 FXTM Rating
Cms Trader Rating
OctaFX Rating
XM Rating

OptionRally Rating
99Binary Rating
OptionFair Rating
Empire Option Rating
Binary.com Rating
Beeoptions Rating