Thursday, October 15, 2026

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FxWirePro: USD/JPY treading water around 10-DMA at 100.38 amid thin trade ahead of Jackson Hole symposium

Data released overnight showed U.S. durable goods orders, a key component of GDP rebounded in July. U.S. durable goods orders were up 4.4 pct, a sign that an extended decline in production may be over. Volatility remains…

By FxWirePro Team
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FxWirePro: USD/JPY treading water around 10-DMA at 100.38 amid thin trade ahead of Jackson Hole symposium
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  • Data released overnight showed U.S. durable goods orders, a key component of GDP rebounded in July.
     
  • U.S. durable goods orders were up 4.4 pct, a sign that an extended decline in production may be over.
     
  • Volatility remains thin with little in the offing for short-term traders as markets await the crucial Jackson Hole symposium.
     
  • USD/JPY treading water around 10-DMA at 100.38, intraday bias neutral for now.
     
  • Supports are seen at 100.38 (10-DMA), 99.93 (Aug 23 low) and 99.50 (trendline).
     
  • On the flipside resistance is seen at 101 (20-DMA), 101.29 (double-top July 8, Aug 16) and 102.
     
  • Break above 20-DMA at 101 could see test of 102.52 and then 102.83 levels, while a break below 100 levels could see 98.78 levels.
     
  • Second estimate of US Q2 GDP due for release later today along with Fed Chair Yellen’s address will be closely watched.
     

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By FxWirePro Team