Technicals

Add as a preferred source on Google

FxWirePro: Japanese yen trades flat in early Asia after current account, household spending data

USD/JPY is currently trading around 108.38 marks. It made intraday high at 108.47 and low at 108.27 levels. Intraday bias remains neutral for the moment. A daily close above 108.73 will take the parity higher towards key…

1 min read
FxWirePro: Japanese yen trades flat in early Asia after current account, household spending data
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 108.38 marks.
     
  • It made intraday high at 108.47 and low at 108.27 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 108.73 will take the parity higher towards key resistances around 109.68, 110.47, 112.60 and 113.98 levels respectively.
     
  • On the other side, a sustained close below 107.65 will drag the parity down towards key supports around 105.25, 104.30, 102.10 and 100.50 levels respectively.
     
  • Japan Nov 2018 all household spending mm decrease to 1.1 % (forecast 0.2 %) vs previous 1.8 %.
     
  • Japan Nov 2018 all household spending yy decrease to -0.6 % (forecast -0.1 %) vs previous -0.3 %.
     
  • Japan Nov 2018 current account nsa jpy decrease to 757.2 jpy (forecast 567.6 jpy) vs previous 1309.9 jpy.
     
  • Tokyo's Nikkei share average opens up 0.66 pct at 20,296.45.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560