البورصةBourseBolsa股市AktienBorsaFinansФорексFXFinançasGiełdaΧρηματιστήριοBeursBörsPörssi금융
May 25, 2012 09:53AM GMT
     
 
  New York   London   Tokyo 
   
 

USD/JPY: Yen trading steady this morning ahead of industrial production data in Japan

By   |  Technical Analysis  |  Oct 17, 2011 11:57AM GMT  |  Add a Comment
 


In the US, the retail sales rose 1.1% M-o-M to $395.5 billion in September, compared to 0.3% growth in August.

Yen declined after the Japanese government officials stated that they would take fresh steps against a strong yen.

In the Asian session, at GMT0300, the pair is trading at 77.24, with the USD trading flat from Friday’s close.

The pair is expected to find support at 76.92, and a fall through could take it to the next support level of 76.61. The pair is expected to find its first resistance at 77.50, and a rise through could take it to the next resistance level of 77.77.

Trading trends in the pair today are expected to be determined by data release on industrial production and capacity utilization in Japan.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
CFDs Quotes
 SPX 500 Futures1325.65+3.15+0.24%  
 NQ 100 Futures2543.10+6.85+0.27%  
 US 3012529.75+33.60+0.27%  
 DAX6367.30+51.41+0.81%  
 UK 1005346.00-4.05-0.08%  
 Japan 2258580.39+17.01+0.20%  
 US Dollar Index82.20-0.23-0.28%  
CFDs Quotes
 Gold1560.15+2.65+0.17%  
 Silver28.218+0.061+0.22%  
 Copper3.452+0.023+0.68%  
 Crude Oil90.94+0.28+0.31%  
 Natural Gas2.676-0.033-1.22%  
 US Cotton No.274.17+0.23+0.32%  
 US Coffee C167.28+1.75+1.06%  
 
 EUR/USD1.2583+0.0051+0.41%  
 GBP/USD1.5661-0.0008-0.05%  
 USD/JPY79.53-0.07-0.09%  
 USD/CHF0.9550-0.0037-0.38%  
 AUD/USD0.9780+0.0018+0.18%  
 USD/CAD1.0263-0.0006-0.06%  
 EUR/CHF1.2017+0.0004+0.03%  
CFDs Quotes
 Euro Bund143.94-0.04-0.03%  
 Euro BTP102.67+0.53+0.51%  
 Euro BOBL126.206+0.005+0.00%  
 UK Gilt119.58+0.12+0.10%  
 US 2 YR T-Note110.20+0.00+0.00%  
 US 10 YR T-Note133.48+0.11+0.08%  
 US 30 YR T-Bond147.20+0.09+0.06%  
Your most recently viewed quotes will automatically show up here
Webinar
Hemal Pandya The webinar will focus on using multiple time frame analysis, using combination of various popular technical indicators ...
 
Candlestick Charting and Pivot Trading 
May 28, 2012 11:00AM GMT
Mark de la Paz The myth about the fortune of Munehisa Homma the father of candlestick charting has been a draw to the approach for many...