Technicals

Add as a preferred source on Google

FxWirePro: Japanese Yen gain in early Asia, intraday bias remains neutral

USD/JPY is currently trading around 111.19 marks. It made intraday high at 111.34 and low at 111.10 levels. Intraday bias remains neutral for the moment. A sustained close above 111.23 will take the parity higher towards…

1 min read
FxWirePro: Japanese Yen gain in early Asia, intraday bias remains neutral
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 111.19 marks.
     
  • It made intraday high at 111.34 and low at 111.10 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close above 111.23 will take the parity higher towards 111.88/112.60 and 113.42 levels respectively.
     
  • Alternatively, a break below 110.95 will drag the parity down towards key supports at 110.32, 109.48 and 107.87 levels respectively.
     
  • Later today US will release interest rate decision while tomorrow BOJ will announce monetary policy statements.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560