The Japanese economy released the data for the machine orders in December, where it massively declined to -7.1% compared with the prior reading of 14.8%, also it missed expectations of -5.0%.
Also, the annual machine orders in December was retreated as well, where it recorded a retreat of 6.3% compared with the prior year's reading of 12.5%, also it missed expectations of 8.5%.

Technical analysis for precious metals with major support and resistance levels and recommendations for 18-08-2009
