FxWirePro: Japanese yen trades marginally lower as core machinery orders data misses expectations
USD/JPY is currently trading around 111.17 marks. It made intraday high at 111.23 and low at 111.06 levels. Intraday bias remains slightly bullish till the time pair holds key support at 110.98 mark. A daily close above …
It made intraday high at 111.23 and low at 111.06 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 110.98 mark.
A daily close above 111.12 will take the parity higher towards key resistances around 111.57, 112.10, 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.12 will drag the parity down towards key supports around 110.98, 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan Feb 2019 machinery orders mm increase to 1.8 % (forecast 2.5 %) vs previous -5.4 %.
Japan Mar 2019 bank lending yy increase to 2.4 % vs previous 2.3 %.
Japan Mar 2019 corp goods price yy increase to 1.3 % (forecast 1.1 %) vs previous 0.8 %.
Tokyo's Nikkei share average opens down 1.02 pct at 21,579.68.
