Japan Leading Economic Index improved in February according to preliminary estimates while USD/JPY is neutral-to-bullish in the short-term, Valeria Bednarik from FXStreet briefs. Key quotes “Japan published the preliminary estimate of the February Leading Economic Index, which came in at 92.1, beating the market’s forecast. The Coincident Index for the same month was also better than anticipated, rising to 95.8.” “USD/JPY 4-hour chart shows that it’s neutral-to-bullish, as it continues to develop a few pips above congestion of moving averages.” “Technical indicators are aiming marginally higher within positive levels, but below their daily highs and without momentum enough.” “Support levels: 108.65 108.25 Resistance levels: 109.40 109.80” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/JPY Price Analysis: Recovery stays firm and targets 120.00 FX Street 2 years Japan Leading Economic Index improved in February according to preliminary estimates while USD/JPY is neutral-to-bullish in the short-term, Valeria Bednarik from FXStreet briefs. Key quotes “Japan published the preliminary estimate of the February Leading Economic Index, which came in at 92.1, beating the market’s forecast. The Coincident Index for the same month was also better than anticipated, rising to 95.8.” “USD/JPY 4-hour chart shows that it’s neutral-to-bullish, as it continues to develop a few pips above congestion of moving averages.” “Technical indicators are aiming marginally higher within positive levels, but below their daily highs and without momentum enough.” “Support levels:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
