Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Japanese yen trades marginally higher on robust Tankan manufacturing index

  • USD/JPY is currently trading around 112.27 marks.
     
  • It made intraday high at 112.40 and low at 112.23 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 112.89 marks.
     
  • A daily close above 112.38 will take the parity higher towards key resistances around 112.89, 113.54,  114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
     
  • On the other side, a sustained close below 112.38 will drag the parity down towards key supports around 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
     
  • Japan Q4 2017 tankan big manufacturing index increase to 25 (forecast 24) vs previous 22.
     
  • Japan Q4 2017 tankan big non - manufacturing index stays flat at 23 (forecast 23) vs previous 23.
     
  • Tokyo's Nikkei share average opens down 0.32 pct at 22,621.36.

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.