6 Dec 2013
USD/JPY up 1.22% post NFP’s
FXstreet.com (London) - USD/JPY is making new highs of 102.95 while the US data continues to print positive for the economy.
The NFP’s number printed 230k vs a consensus of 180k while the Unemployment Rate printed 7% vs 7.2% consensus. The pair is currently oscillating in a 30 pip range around 1.6360 but slightly offered due to the Michigan consumer sentiment index beating expectations at 82.5 vs 76.0 consensus.
USD/JPY Levels
The 20 DMA is 100.96, the 50 DMA is 99.17 and the 200 DMA is 98.50. RSI (14) reads 76.49. Supports are ascending from 101.09, 101.43, 101.62, 101.78,102.22 and 102. Spot is 102.96 while resistances are 103.00 and 103.38.
The NFP’s number printed 230k vs a consensus of 180k while the Unemployment Rate printed 7% vs 7.2% consensus. The pair is currently oscillating in a 30 pip range around 1.6360 but slightly offered due to the Michigan consumer sentiment index beating expectations at 82.5 vs 76.0 consensus.
USD/JPY Levels
The 20 DMA is 100.96, the 50 DMA is 99.17 and the 200 DMA is 98.50. RSI (14) reads 76.49. Supports are ascending from 101.09, 101.43, 101.62, 101.78,102.22 and 102. Spot is 102.96 while resistances are 103.00 and 103.38.