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FxWirePro: Japanese yen falls in early Asia after mixed economic data

USD/JPY is currently trading around 113.25 marks. It made intraday high at 113.26 and low at 113.07 levels. Intraday bias remains slightly bullish till the time pair holds key support at 112.57 marks. A daily close above…

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FxWirePro: Japanese yen falls in early Asia after mixed economic data
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  • USD/JPY is currently trading around 113.25 marks.
     
  • It made intraday high at 113.26 and low at 113.07 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 112.57 marks.
     
  • A daily close above 113.08 will take the parity higher towards key resistances around 113.50,  114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
     
  • On the other side, a sustained close below 113.08 will drag the parity down towards key supports around 112.57, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
     
  • JAPAN OCT 2017 CURRENT ACCOUNT NSA JPY DECREASE TO 2176.4 JPY (FCAST 1720.5 JPY) VS PREV 2271.2 JPY.
     
  • Japan Q3 2017 GDP revised q/q increase to 0.6 percent (forecast 0.4 percent) vs previous 0.3 percent.
     
  • Japan Q3 2017 GDP cap ex rev q/q increase to 1.1 percent (forecast 0.4 percent) vs previous 0.2 percent.
     
  • Japan Oct 2017 overtime pay decrease to 0.2 percent vs previous 0.9 percent.
     
  • Tokyo's Nikkei share average opens up 0.58 pct at 22,627.95.

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