FxWirePro: Japanese yen remains almost unchanged after mixed economic data, consistent close above 111.36 requires for upside rally
USD/JPY is currently trading around 110.94 marks. It made intraday high at 111.03 and low at 110.86 levels. Intraday bias remains neutral for the moment. A daily close above 111.00 will take the parity higher towards key…
It made intraday high at 111.03 and low at 110.86 levels.
Intraday bias remains neutral for the moment.
A daily close above 111.00 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 111.00 will drag the parity down towards key supports around 110.32, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan Q4 2018 GDP qq increase to 0.3 % (forecast 0.4 %) vs previous -0.6 %.
Japan Q4 2018 GDP qq annualised increase to 1.4 % (forecast 1.4 %) vs previous -2.5 %.
Japan Q4 2018 GDP qq external demand decrease to -0.3 % (forecast -0.4 %) vs previous -0.1 %.
Japan Q4 2018 GDP qq capital expenditure increase to 2.4 % (forecast 1.8 %) vs previous -2.7 % (revised from -2.8 %).
Japan Q4 2018 GDP qq private consumption prelim increase to 0.6 % (forecast 0.8 %) vs previous -0.2 %.
Tokyo's Nikkei share average opens up 0.02 pct at 21,147.89.
