Monday , January 22 2018
Home / Blogs / FxWirePro: Japanese Yen appreciates on robust industrial production, retail sales data

FxWirePro: Japanese Yen appreciates on robust industrial production, retail sales data

Japanese Yen appreciates on robust industrial production, retail sales data

  • USD/JPY is currently trading around 113.17 marks.
  • It made intraday high at 113.34 and low at 113.14 levels.
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 113.62 marks.
  • A daily close above 113.34 will take the parity higher towards key resistances around 113.75,  114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
  • On the other side, a sustained close below 113.34 will drag the parity down towards key supports around 112.88, 112.03, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
  • Japan Nov industrial output prelim m/m increase to 0.6 % (forecast 0.5 %) vs previous 0.5 %.
  • Japan Nov retail sales y/y increase to 2.2 % (forecast 1.2 %) vs previous -0.2 %.
  • Tokyo’s Nikkei share average opens up 22,912.05.

Source: FXWire Technicals

 

About Makkaba Co., Ltd.

Makkaba Co., Ltd.

Hotline: (+84)(0) 904935786; Tel.: (+84) (0)28.35208726
Email: m2mtradingsignals@gmail.com - Phone:

Check Also

Intelligence Report: The Shale Surge Is Far From Over

 Intelligence Report: The Shale Surge Is Far From Over   Friday, January 19, 2018 Oil prices fell …

Americas roundup: U.S. shutdown fears pressure Dollar, on track for worst run since 2015, Wall street ends higher, Gold inches up, Oil prices fall as rally falters on growing U.S. output concerns-january 20th 2018

Americas roundup: U.S. shutdown fears pressure Dollar, on track for worst run since 2015, Wall …

Leave a Reply

Your email address will not be published. Required fields are marked *