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FxWirePro: Japanese yen remains almost unchanged after manufacturing PMI, Tankan manufacturing index data

USD/JPY is currently trading around 111.05 marks. It made intraday high at 111.13 and low at 110.87 levels. Intraday bias remains neutral till the time pair holds key support at 110.50 mark. A daily close above 110.87 wi…

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FxWirePro: Japanese yen remains almost unchanged after manufacturing PMI, Tankan manufacturing index data
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  • USD/JPY is currently trading around 111.05 marks.
     
  • It made intraday high at 111.13 and low at 110.87 levels.
     
  • Intraday bias remains neutral till the time pair holds key support at 110.50 mark.
     
  • A daily close above 110.87 will take the parity higher towards key resistances around 111.70, 112.60, 113.98, 114.54 and 115.24 levels respectively.
     
  • On the other side, a sustained close below 110.87 will drag the parity down towards key supports around 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
     
  • Japan March 2019 Nikkei manufacturing PMI increase to 49.2 vs previous 48.9.
     
  • Japan Q1 2019 Tankan big non - manufacturing index decrease to 21 (forecast 22 ) vs previous 24.
     
  • Japan Q1 2019 Tankan big manufacturing index decrease to 12 ( forecast 14 ) vs previous 19.
     
  • Tokyo's Nikkei share average opens up 1.39 pct at 21,500.89.

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