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FxWirePro: Japanese yen trades marginally lower after current account, core machinery orders data

USD/JPY is currently trading around 113.60 marks. It made intraday high at 113.63 and low at 113.47 levels. Intraday bias remains slightly bullish for the moment. A daily close above 113.49 will take the parity higher to…

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FxWirePro: Japanese yen trades marginally lower after current account, core machinery orders data
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  • USD/JPY is currently trading around 113.60 marks.
     
  • It made intraday high at 113.63 and low at 113.47 levels.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A daily close above 113.49 will take the parity higher towards key resistances around 113.95, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.49 will drag the parity down towards key supports around 112.98, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Sep 2018 current account, goods increase to 3233.098 jpy vs previous -2192.931 jpy.
     
  • Japan Sep 2018 machinery orders yy decrease to -7 % (forecast 7.7 %) vs previous 12.6 %.
     
  • Japan Oct 2018 bank lending yy decrease to 2.2 % vs previous 2.3 %.
     
  • Japan Sep 2018 machinery orders mm decrease to -18.3 % (forecast -10 %) vs previous 6.8 %.
     
  • Japan Nov 2018 reuters tankan di decrease to 26 vs previous 28.
     
  • Tokyo's Nikkei share average opens up 1.63 pct at 22,446.01.

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