Friday, October 16, 2026

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Lockhart comments, London Fix flows hit USD/JPY; 120.07 Kijun key

Source: Thomson Reuters USD/JPY current 120.13 low close to daily Kijun & 50% Fibo at 120.075 Rate-hike timing comments & USD feedback from Lockhart hit USD London Fix flows also favored long USD profit-taking Close belo…

By Jay L. Zagorsky
1 min read
Lockhart comments, London Fix flows hit USD/JPY; 120.07 Kijun key
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Source: Thomson Reuters


  • USD/JPY current 120.13 low close to daily Kijun & 50% Fibo at 120.075

  • Rate-hike timing comments & USD feedback from Lockhart hit USD

  • London Fix flows also favored long USD profit-taking

  • Close below 120.13 could take the pair down to 118.71 Cloud top

  • Bearishly diverging USD-JPY yield spreads remain the main drag

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By FxWirePro Team