Technicals

Add as a preferred source on Google

FxWirePro: Japanese yen marginally lower after final manufacturing PMI data

USD/JPY is currently trading around 112.95 marks. It made intraday high at 113.13 and low at 112.64 levels. Intraday bias remains slightly bullish for the moment. A daily close above 112.80 will take the parity higher to…

1 min read
FxWirePro: Japanese yen marginally lower after final manufacturing PMI data
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 112.95 marks.
     
  • It made intraday high at 113.13 and low at 112.64 levels.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A daily close above 112.80 will take the parity higher towards key resistances around 113.96, 114.95, 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
     
  • On the other side, a sustained close below 112.80 will drag the parity down towards key supports around 112.08, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
     
  • Japan’s January Nikkei manufacturing PMI decreases to 52.7 vs previous 52.8.

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