Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: Yen knee-jerk spike to 105.65 quickly reversed, slumps over 300-pips in volatile trade

USD/JPY witnessed wild swings in volatile trading session after BOJ’s policy meeting. USD/JPY saw a knee-jerk upward spike to 105.65 levels before plummetting almost 300-pips below the 103 handle. The pair shrugged off B…

By FxWire Pro
1 min read
FxWirePro: Yen knee-jerk spike to 105.65 quickly reversed, slumps over 300-pips in volatile trade
Image from the original EconoTimes article

Read the original article

  • USD/JPY witnessed wild swings in volatile trading session after BOJ’s policy meeting.
     
  • USD/JPY saw a knee-jerk upward spike to 105.65 levels before plummetting almost 300-pips below the 103 handle.
     
  • The pair shrugged off BOJ’s latest policy decision to ease further by increasing ETF purchases.
     
  • BOJ kept the interest rates unchanged at -0.1%, and made no changes to asset purchase program and base money target.
     
  • Our previous call (http://www.econotimes.com/FxWirePro-USD-JPY-slips-below-105-handle-bias-lower-good-to-sell-on-rallies-241490) has achieved all targets.
     
  • Markets now await BOJ Chief Kuroda’s press conference for fresh insights on the easing measures. 
     

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