Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: USD/JPY holds above 100 handle, strong support seen at 99.60

USD/JPY edges above the 100 handle as the ongoing broad-based recovery in the greenback gained further traction. Data released overnight showed US jobless claims for the week to 13 Aug fell to 262k, slightly better than …

By FxWirePro Team
1 min read
FxWirePro: USD/JPY holds above 100 handle, strong support seen at 99.60
Image from the original EconoTimes article

Read the original article

  • USD/JPY edges above the 100 handle as the ongoing broad-based recovery in the greenback gained further traction.
     
  • Data released overnight showed US jobless claims for the week to 13 Aug fell to 262k, slightly better than the 265k expected. 
     
  • Philadelphia Fed business activity bounced from -2.9 to +2.0, as expected, although the components were weaker than the headline suggested.
     
  • The Conference Board’s leading economic indicators index rose 0.4 percent in July, vs 0.3 percent expected.
     
  • USD bears take a breather, focus now on next week's macro updates including US GDP data.
     
  • Momentum studies are neutral, techs are inconclusive and hence we would prefer to remain on sidelines for now.
     

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