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Tuesday, 4 July 2017

Trade idea: long USD/JPY capped out at resistance: IG UK

Published on 4 Jul 2017
4 July 2017: As the dollar rebounds, resistance is capping the progress in the USD/JPY trade. Jeremy Naylor looks at the resistance levels and where to place the stop on a long USD/JPY position.

IG is a global leader in retail forex, providing fast and flexible access to over 10,000 financial markets – including indices, shares, forex, commodities and digital 100 binaries. Established in 1974 as the world’s first financial spread betting firm, we are now the world’s No.1 provider of CFDs (Contract for Difference) and a global leader in forex. We also offer an execution-only share dealing service. All trading involves risk. Please take care to manage your exposure.

The comments in this video do not constitute investment advice and IG accepts no responsibility for any use that may be made of them.

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