Friday, October 16, 2026

Technicals

Add as a preferred source on Google

FxWirePro: Japanese Yen hits fresh weekly low against US dollar, intraday bias remains bullish

USD/JPY is currently trading around 108.72 marks. It made intraday high at 108.82 and low at 108.27 levels. Intraday bias remains bullish for the moment. A daily close below 108.20 will drag the parity down towards key s…

By Cynthia Firey Eakin
1 min read
FxWirePro: Japanese Yen hits fresh weekly low against US dollar, intraday bias remains bullish
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 108.72 marks.
     
  • It made intraday high at 108.82 and low at 108.27 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close below 108.20 will drag the parity down towards key supports at 106.15, 105.71, 105.45 and 104.55 levels respectively.
     
  • Alternatively, a daily close above 109.32 will drag the parity up towards 111.23, 112.60 and 113.42 levels respectively.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team