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Japans third activity index rose in April after falling in the previous month

2018-06-12 07:48 am | Resource: NEWS | No Views : 103

Japan's third activity index rose in April after falling in the previous month, data from the Ministry of Economy, Trade and Industry showed Tuesday.

The third activity index rose 1.4 percent on a monthly basis in April, reversing a 0.3 percent drop in March.

Among the individual components of the survey was activity related to information and communications, finance and insurance, electricity and gas, thermal and water supply, services for living and entertainment, retail and wholesale, rental of goods and leasing, medical services and health. Welfare and welfare.

At the same time, activity declined for transport, postal and business and real estate activities, and on an annualized basis, the third activity index rose 1.4 percent in April, after a 0.9 percent increase the previous month

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USD/JPY Technical analysis 12 December 2018

Time frame Used - four hours The USDJPY is moving in a bullish direction in the near term. The USDJPY reached to the  support level of 112.29 to bounce higher again to breach the 113.20 resistance level. In view of the technical indicators Both the RSI and the Stochastic are indicating signs of recovery. Therefore, we expect that the USDJPY will test levels of 113.58 - 114.08 again and this…

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