Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Japanese yen trades marginally lower after manufacturing PMI data

  • USD/JPY is currently trading around 107.81 marks.
     
  • It made intraday high at 107.88 and low at 107.65 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 107.90 mark.
     
  • A daily close above 107.61 will take the parity higher towards key resistances around 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
     
  • On the other side, a sustained close below 107.61 will drag the parity down towards key supports around 107.35, 106.98, 106.61, 105.98, 104.63, 103.34, 102.58 and 101.98 levels respectively.
     
  • Japan April nikkei manufacturing PMI flash increase to 53.3 vs previous 53.1.
     
  • Tokyo's Nikkei share average opens down 0.02 pct at 22,157.88.

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.