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FxWirePro: Japanese yen remains almost unchanged after mixed economic data, further sideways movement likely

USD/JPY is currently trading around 109.65 marks. It made intraday high at 109.84 and low at 109.64 levels. Intraday bias remains neutral for the moment. A daily close above 109.96 will take the parity higher towards key…

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FxWirePro: Japanese yen remains almost unchanged after mixed economic data, further sideways movement likely
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  • USD/JPY is currently trading around 109.65 marks.
     
  • It made intraday high at 109.84 and low at 109.64 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 109.96 will take the parity higher towards key resistances around 110.47, 112.60 and 113.98 levels respectively.
     
  • On the other side, a sustained close below 109.36 will drag the parity down towards key supports around 108.49, 107.65, 105.25, 104.30, 102.10 and 100.50 levels respectively.
     
  • Japan Dec 2018 all household spending yy increase to 0.1 % (forecast 0.8 %) vs previous -0.6 %.
     
  • Japan Dec 2018 all household spending mm decrease to -0.1 % (forecast -0.2 %) vs previous 1.1 %.
     
  • Japan Dec 2018 current account nsa jpy decrease to 452.8 jpy (forecast 429.8 jpy) vs previous 757.2 jpy.
     
  • Japan Dec 2018 current account, goods increase to 2161.777 jpy vs prev -5591.336 jpy.

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