Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Japanese yen rises immediately after BOJ’s policy rate decision

  • USD/JPY is currently trading around 106.68 marks.
     
  • It made intraday high at 106.94 and low at 106.15 levels.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A daily close above 106.19 will take the parity higher towards key resistances around 107.32, 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
     
  • On the other side, a sustained close below 106.19 will drag the parity down towards key supports around 105.35, 104.96 and 103.34 levels respectively.
     
  • BOJ rate decision stays flat at -0.1 % (forecast -0.1 %) vs previous -0.1 %.
     
  • Tokyo's Nikkei share average opens up 1.06 pct at 21,594.22.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.