Forex trading levels
Today china tanked 4% once again and world markets are in panic . Forex markets also trading with wild moves . Here are major fx pair levels for today’s trading session . These levels and trend update would be valid only for today’s trading session .
USD/JPY
Our favorite forex pair trading at 117.40 . We already cashed its crash today when we gave a forex signal to initiate a sell in usd/jpy at 117.80 . We booked profit at 117.49 . A good support on intraday chart stands at 117.10 . If bears manage to break this level and sustain beneath our support . Then expect market to correct upto 116.50 – 116.20 today .
A good resistance on chart for this forex pair at 117.92 . If buyers manage to break this level and sustain above our hurdle . Then expect market to zoom upto 118.20 – 118.60 today .
usd/jpy trend update : Trend is weak for now .
EUR/USD
Eur/Usd trading at 1.0892 . A good resistance in this major forex pair at 1.0930 . Once buyers break this barrier and manage to trade above this level . Then expect good move ahead for buyers upto 1.0980 – 1.1020 today .
A good support in this major fx pair at 1.0840 . If bears manage to break this level and sustain beneath our support . Then expect eur/usd to correct upto 1.0800 – 1.0750 today .
eur/usd trend update : Trend is flat to positive for now .
USD/CHF
Usd/Chf trading at 1.0038 . A good support at 0.9990 in this forex pair . Once bears break this support and manage to trade beneath this level . Then expect usd/chf to correct upto 0.9950 – 0.9905 today .
A good resistance in usd/chf stands at 1.0090 . Once buyers break this level and sustain above our resistance . Then expect this fx pair to fire upto 1.0130 – 1.0180 today .
usd/chf trend update : Trend is weak for now .
More will update to our forex trading signal subscribers .