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FxWirePro: Japanese yen remains almost unchanged after core machinery orders data

USD/JPY is currently trading around 110.50 marks. It made intraday high at 110.57 and low at 110.44 levels. Intraday bias remains neutral for the moment. A daily close above 110.45 will take the parity higher towards key…

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FxWirePro: Japanese yen remains almost unchanged after core machinery orders data
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  • USD/JPY is currently trading around 110.50 marks.
     
  • It made intraday high at 110.57 and low at 110.44 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 110.45 will take the parity higher towards key resistances around 111.36, 112.60 and 113.98 levels respectively.
     
  • On the other side, a sustained close below 110.45 will drag the parity down towards key supports around 109.42, 108.49, 107.65 and 105.25 levels respectively.
     
  • Japan Dec 2018 machinery orders mm increase to -0.1 % (forecast -1.1 %).
     
  • Japan Dec 2018 machinery orders yy increase to 0.9 % (forecast 4.8 %) vs previous 0.8 %.
     
  • Tokyo's Nikkei share average opens up 1.52 pct at 21,217.32.

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