Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Japanese yen trades almost flat after current account data

  • USD/JPY is currently trading around 106.86 marks.
     
  • It made intraday high at 107.03 and low at 106.80 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 107.49 mark.
     
  • A daily close above 106.91 will take the parity higher towards key resistances around 107.49, 108.64, 110.32, 110.92 and 111.87 levels respectively.
     
  • On the other side, a sustained close below 106.91 will drag the parity down towards key supports around 105.98, 104.63, 103.34, 102.58 and 101.98 levels respectively.
     
  • Japan Feb current account NSA jpy increase to 2076 bln jp (forecast 2160 bln jp) vs previous 607.4 bln jp.
     
  • Tokyo's Nikkei share average opens down 0.15 pct at 21,534.33.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.