นับต่อจากนี้ เราคือ Elev8

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USD/JPY key support at 118.33 – AceTrader

FXStreet (Barcelona) - The AceTrader Team shares the technical outlook and key levels for USD/JPY.

Key Quotes

“Dlr fell below Tuesday's low at 119.07 to 118.79 in NY afternoon yesterday as intra-day rally in euro amid optimistic ECB outlook n weak U.S. data triggered broad-based selling in the greenback. Despite a recovery to 119.23 near NY close, price retreated in Tokyo morning to 118.80.”

“Today, fund flow should dominate the market in Asia n European morning as investors are awaiting another batch of U.S. economic data in NY morning, these include weekly jobless claims, housing starts, building permits n Philly Fed Business Index.”

“At the moment, offers are tipped at 119.20-30 n then 119.50-60 with mixture of offers n stops located just above 119.80. On the downside, bids are placed at 118.70-60 n then 118.50-40 with stops emerging below daily key support at 118.33 (Mar low).”

Weak Chinese data raises the case for further policy easing – Nomura

Research Analysts at Nomura, believe the weak GDP growth momentum seen in Q1 calls for further easing in China, expecting a 25bp interest rate cut, and further share the forecast for IP, retail sales, FAI and GDP.
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