Here are the key factors to keep in mind today for Euro trades:

• Italian Markit/ADACI Manufacturing PMI: The Italian Markit/ADACI Manufacturing PMI for September was reported at 56.3. Economists predicted a figure of 56.8. Forex traders can compare this to the Italian Markit/ADACI Manufacturing PMI for August which was reported at 56.3.
• French Markit Manufacturing PMI: The Final French Markit Manufacturing PMI for September was reported at 56.1. Economists predicted a figure of 56.0. Forex traders can compare this to the previous French Markit Manufacturing PMI for September which was reported at 56.0.
• German Markit/BME Manufacturing PMI: The Final German Markit/BME Manufacturing PMI for September was reported at 60.6. Economists predicted a figure of 60.6. Forex traders can compare this to the previous German Markit/BME Manufacturing PMI for September which was reported at 60.6.
• Eurozone Markit Manufacturing PMI: The Final Eurozone Markit Manufacturing PMI PMI for September was reported at 58.1. Economists predicted a figure of 58.2. Forex traders can compare this to the previous Eurozone Markit Manufacturing PMI for September which was reported at 58.2.
• Eurozone Unemployment Rate: The Eurozone Unemployment Rate for August was reported at 9.1%. Economists predicted a figure of 9.0%. Forex traders can compare this to the Eurozone Unemployment Rate for July which was reported at 9.1%.

Here are the key factors to keep in mind today for Japanese Yen trades:

• Japanese Tankan Survey: The Tankan Large Manufacturers Index for the third-quarter was reported at 22. Economists predicted a figure of 18. Forex traders can compare this to the Tankan Large Manufacturers Index for the second-quarter which was reported at 17. The Tankan Large Manufacturers Outlook for the third-quarter was reported at 19. Economists predicted a figure of 16. Forex traders can compare this to the Tankan Large Manufacturers Outlook for the second-quarter which was reported at 15. The Tankan Large Non-Manufacturers Index for the third-quarter was reported at 23. Economists predicted a figure of 24. Forex traders can compare this to the Tankan Large Non-Manufacturers Index for the second-quarter which was reported at 23. The Tankan Large Non-Manufacturers Outlook for the third-quarter was reported at 19. Economists predicted a figure of 21. Forex traders can compare this to the Tankan Large Non-Manufacturers Outlook for the second-quarter which was reported at 18. The Tankan Small Manufacturers Index for the third-quarter was reported at 10. Economists predicted a figure of 8. Forex traders can compare this to the Tankan Small Manufacturers Index for the second-quarter which was reported at 7. The Tankan Small Manufacturers Outlook for the third-quarter was reported at 8. Economists predicted a figure of 6. Forex traders can compare this to the Tankan Small Manufacturers Outlook for the second-quarter which was reported at 6. The Tankan Small Non-Manufacturers Index for the third-quarter was reported at 8. Economists predicted a figure of 7. Forex traders can compare this to the Tankan Small Non-Manufacturers Index for the second-quarter which was reported at 7. The Tankan Small Non-Manufacturers Outlook for the third-quarter was reported at 4. Economists predicted a figure of 2. Forex traders can compare this to the Tankan Small Non-Manufacturers Outlook for the second-quarter which was reported at 2. The Japanese Tankan Large All Industry Capex Index for the third-quarter increased by 7.7% quarterly. Economists predicted an increase of 8.4% quarterly. Forex traders can compare this to the Japanese Tankan Large All Industry Capex Index for the second-quarter which increased by 8.0% quarterly.
• Japanese Nikkei Manufacturing PMI: The Final Japanese Nikkei Manufacturing PMI for September was reported at 52.9. Forex traders can compare this to the previous Japanese Nikkei Manufacturing PMI September which was reported at 52.6.
• Japanese Vehicle Sales: Japanese Vehicle Sales for September increased by 0.4% annualized. Forex traders can compare this to Japanese Vehicle Sales for August which increased by 4.7% annualized.

Should price action for the EURJPY remain inside the or breakout above the 132.200 to 132.600 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 132.400
• Take Profit Zone: 134.400 – 135.000
• Stop Loss Level: 131.800

Should price action for the EURJPY breakdown below 132.200 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 131.800
• Take Profit Zone: 130.000 – 130.300
• Stop Loss Level: 132.400

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