Thursday, October 15, 2026

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FxWirePro: Yen falls in early hours of Asia after lower than expected core machinery orders

USD/JPY is currently trading around 100.79 marks. It made intraday high at 100.85 and low at 100.52 levels. Intraday bias remains slightly bullish till the time pair holds key support at 99.99 marks. A daily close above …

By Cynthia Firey Eakin
1 min read
FxWirePro: Yen falls in early hours of Asia after lower than expected core machinery orders
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  • USD/JPY is currently trading around 100.79 marks.
     
  • It made intraday high at 100.85 and low at 100.52 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 99.99 marks.
     
  • A daily close above 101.40 will take the parity higher towards key resistances around 102.58, 103.78, 104.80, 106.12 and 107.46 levels respectively.
     
  • On the other side, a sustained break below 99.99 will drag the parity down towards key supports at 99.27 and 98.78 levels respectively.
     
  • Today Japan released core machinery orders data with negative numbers at -1.4% m/m vs -11.0% m/m previous release.
     
  • In addition, Japan’s M2 money stock stays flat at 3.4% m/m.

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By FxWirePro Team