Forex VPS
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

USD/JPY closes below 20-DMA, bias lower:FxWirePro | November 15, 2017

Print PDF

USD/JPY -0.19% tracks fall in the US 10-year treasury yield and the flattening of the yield curve.

The major hit lowest level for the month at 113.03 before paring some losses.

Upbeat Japanese GDP number released earlier today failed to impress yen bulls.

Focus now on US retail sales and inflation numbers which could influence the Fed rate hike odds and in turn the USD.

Technical studies have turned bearish , RSI and Stochs sharply lower. The pair has broken below 20-DMA.

Bearish divergence of RSI and Stochs from price action keeps scope for downside. 50-DMA at 112.48 in sight.

Retarce above 20-DMA currently at 113.63 invalidates bearish bias.

Support levels - 112.98 (23.6% Fib retrace of 107.318 to 114.73 rally), 112.48 (50-DMA), 111.90 (38.2% Fib)

Resistance levels - 113.45 (5-DMA), 113.63 (20-DMA), 114, 114.50 ( trendline )

Update: Previous short call progressing well. TP1 hit. Bias lower

Submit Your Comments:

 Forex Trading VPS


Windows 2008/2012 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
Economy buy now2 Core 756MB 15GB 1TB $6.50/M$6.20/M$5.90/M $5.50/M MT4 Pre-InstalledYesFree
Standard buy now 2 Core 1GB 25GB 1.5TB $8.50/M$8.20/M$7.90/M $7.50/M MT4 Pre-InstalledYesFree
Premiumbuy now 2 Core 2GB 40GB 2TB $16/M$15.50/M$15/M$14.50/M MT4 Pre-InstalledYesFree
Advanced buy now4 Core 3GB 60GB 2.5TB $26/M$25/M$24/M $22/M MT4 Pre-InstalledYesFree
Professionalbuy now 4 Core 4GB 80GB 3TB $33/M $32/M$31/M$29/MMT4 Pre-InstalledYesFree
Business buy now 4 Core 6GB 100GB 4TB$46/M $45/M$44/M$42/MMT4 Pre-InstalledYesFree
Platinum buy now 4 Core 8GB 120GB 6TB $59/M $58/M$57/M$55/M MT4 Pre-InstalledYesFree
Diamond buy now 4 Core 12GB 180GB 8TB $89/M $87/M$85/M$81/MMT4 Pre-InstalledYesFree

***We accept Neteller, Skrill, MasterCard, Paypal, Payza, Perfect Money, Webmoney !