Technicals

Add as a preferred source on Google

FxWirePro: Japanese yen marginally lower against U.S. dollar after mixed data from Japan

USD/JPY is currently trading around 114.56 marks. It made intraday high at 114.64 and low at 114.39 levels. Intraday bias remains neutral for the moment. A daily close above 114.50 will take the parity higher towards key…

1 min read
FxWirePro: Japanese yen marginally lower against U.S. dollar after mixed data from Japan
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 114.56 marks.
     
  • It made intraday high at 114.64 and low at 114.39 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 114.50 will take the parity higher towards key resistances around 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
     
  • On the other side, a sustained close below 114.50 will drag the parity down towards key supports around 113.70, 113.05, 112.52, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
     
  • Japan’s December CPI, core nationwide yy increases to -0.2 % (forecast -0.3 %) vs previous -0.4 %.
     
  • Japan’s December CPI, overall nationwide decreases to 0.3 % vs previous 0.5 %.
     
  • Japan’s January CPI core Tokyo yy increases to -0.3 % (forecast -0.4 %) vs previous -0.6 %.
     
  • Japan’s January CPI, overall Tokyo increases to 0.1 % vs previous 0.0 %.
     
  • Japan’s December CPI index decreases to 100.1 vs previous 100.4.
     
  • Tokyo's Nikkei share average opens up 0.26 pct at 19,453.51.

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