Technical Analysis – 9th September, 2014 | Vantage FX

Technical Analysis – 9th September, 2014

September 9, 2014

Tuesday 9, September 2014


Intraday Support & Resistance Levels


Technical Indicator Signals


Currency Pair Spotlight

USDJPY: The Japan Q2 GDP contracted 7.1, more serious than expected 6.8%. Also, the individual consumption fell 19% year on year, showing the impacts of consumption tax hike are worse than forecast. Despite the Abeconomics has pushed up the inflation rate in Japan, but the exports data still weak and the higher living costs caused by currency depreciation pared the household consumption. Therefore, the further easing seems to be inevitable and Dollar/Yen may head to level 110.65, the high of August 2008.

For a full market wrap up, see Anthony’s Daily Forex Market Report.


Today’s Key Economic Calendar Events

For the full week’s outlook of events, please see our Economic Calendar


Risk Disclosure: In addition to the website disclaimer below, the material on this page prepared by MXT Global Pty Ltd, does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. The research contained in this report should not be construed as a solicitation to trade. All opinions, news, research, analyses, prices or other information is provided as general market commentary and marketing communication – not as investment advice. Consequently any person acting on it does so entirely at their own risk. The experts writers express their personal opinions and will not assume any responsibility whatsoever for the actions of the reader. We always aim for maximum accuracy and timeliness and MXT Global shall not be liable for any loss or damage, consequential or otherwise, which may arise from the use or reliance on the service and its content, inaccurate information or typos. No representation is being made that any results discussed within the report will be achieved, and past performance is not indicative of future performance.




Fast & Easy Account Opening Start Now!

  • Please enter a valid data!

  • Please enter a valid data!

  • Please enter a valid data!

  • Please enter a valid data!

  • Please enter a valid data!
Forex Promotions

Open a live account today to gain exclusive access to our 8 Forex Promotions. 

Find out more.