FxWirePro: Japanese yen trades marginally lower after core machinery orders, PPI data
USD/JPY is currently trading around 113.45 marks. It made intraday high at 113.51 and low at 113.30 levels. Intraday bias remains slightly bullish for the moment. A daily close above 113.36 will take the parity higher to…
It made intraday high at 113.51 and low at 113.30 levels.
Intraday bias remains slightly bullish for the moment.
A daily close above 113.36 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 113.36 will drag the parity down towards key supports around 112.22, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan Oct 2018 machinery orders mm increase to 7.6 % (forecast 10.5 %) vs previous -18.3 %.
Japan Nov 2018 corporate goods price yy decrease to 2.3 % (forecast 2.4 %) vs previous 2.9 %.
Japan Nov 2018 corporate goods price mm decrease to -0.3 % (forecast -0.1 %) vs previous 0.3 %.
Tokyo's Nikkei share average opens up 0.95 pct at 21,348.40.
