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

• US Markit Manufacturing PMI: The Final US Markit Manufacturing PMI for September is predicted at 51.4. Forex traders can compare this to the first US Markit Manufacturing PMI for September which was reported at 51.4.
• US Construction Spending: US Construction Spending for August is predicted to increase by 0.3% monthly. Forex traders can compare this to US Construction Spending for July which was reported flat at 0.0% monthly.
• US ISM Manufacturing Index: The US ISM Manufacturing Index for September is predicted at 50.3. Forex traders can compare this to the US ISM Manufacturing Index for August which was reported at 49.4. ISM Prices Paid are predicted at 53.5. Forex traders can compare this to ISM Prices Paid for August which were reported at 53.0.

Here is the key factor to keep in mind today for Japanese Yen trades:

• Japanese Tankan Survey: The Tankan Large Manufacturers Index for the third-quarter was reported at 6. Economists predicted a figure of 7. Forex traders can compare this to the Tankan Large Manufacturers Index for the second-quarter which was reported at 6. The Tankan Large Manufacturers Outlook for the third-quarter was reported at 6. Economists predicted a figure of 8. Forex traders can compare this to the Tankan Large Manufacturers Outlook for the second-quarter which was reported at 6. The Tankan Large Non-Manufacturers Index for the third-quarter was reported at 18. Economists predicted a figure of 18. Forex traders can compare this to the Tankan Large Non-Manufacturers Index for the second-quarter which was reported at 19. The Tankan Large Non-Manufacturers Outlook for the third-quarter was reported at 16. Economists predicted a figure of 18. Forex traders can compare this to the Tankan Large Non-Manufacturers Outlook for the second-quarter which was reported at 17. The Tankan Small Manufacturers Index for the third-quarter was reported at -3. Economists predicted a figure of -5. Forex traders can compare this to the Tankan Small Manufacturers Index for the second-quarter which was reported at -5. The Tankan Small Manufacturers Outlook for the third-quarter was reported at -5. 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 -7. The Tankan Small Non-Manufacturers Index for the third-quarter was reported at 1. Economists predicted a figure of 0. Forex traders can compare this to the Tankan Small Non-Manufacturers Index for the second-quarter which was reported at 0. The Tankan Small Non-Manufacturers Outlook for the third-quarter was reported at -2. 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 -4. The Japanese Tankan Large All Industry Capex Index for the third-quarter increased by 6.3% quarterly. Economists predicted an increase of 6.4% quarterly. Forex traders can compare this to the Japanese Tankan Large All Industry Capex Index for the second-quarter which increased by 6.2% quarterly.

Should price action for the USDJPY remain inside the or breakout above the 101.250 to 101.750 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 101.500
• Take Profit Zone: 106.750 – 107.250
• Stop Loss Level: 99.500

Should price action for the USDJPY breakdown below 101.250 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 100.750
• Take Profit Zone: 98.000 – 99.000
• Stop Loss Level: 101.750

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