forex day trading levels 29th january 2016

By | January 29, 2016

Bank of Japan amazed the world with its negative interest rate . Our favorite forex pair fired due to that news . Lets have today’s day trading levels for major fx pairs .

USD/JPY

After tremendous fired usd/jpy trading at 120.80 . A good support on intraday forex chart at 120.30 . Once sellers take this support and manage to sustain below our support . Then expect traders to enjoy more downside upto 119.90 – 119.30 today .

A good resistance on usd/jpy resistance at 121.26 . Once forex traders break this level and manage to sustain above our resistance . Then expect market to zoom upto 121.60 – 122 today .

usd/jpy trend update : Trend is positive for now .

EUR/USD

Euro trading lower today at 1.0903 . A good support on intraday chart for this major forex pair at 1.0850 . Once traders break this and manage to sustain below our support . Then expect eur/usd to crack upto 1.0800 – 1.0750 today .

A good resistance in eur/usd chart at 1.0945 . Once forex traders manage to break this resistance . Then expect market to zoom upto 1.0990 and more .

eur/usd trend update : Trend is flat to weak for now .

USD/CHF

Usd/chf trading at 1.0198 . A good resistance on this major forex pair chart at 1.0230 . If traders break this resistance and manage to sustain above our hurdle . Then expect usd/chf to zoom upto 1.0260 – 1.0299 today .

A good support in usd/chf chart at 1.0130 . Once traders break this support and manage to sustain below our support . Then expect traders to enjoy upto 1.0080 – 1.0040 today .

usd/chf trend update : Trend is positive for now .

More will update to our forex trading signal subscribers