Thursday, October 15, 2026

Technicals

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Trade data weighs on USD/JPY, but decent bids by 120

US Mar Trade Deficit surge dents Treasury yields & USD, but it's Q1 Non-Mfg ISM for Apr more relevant to Medium-Term Fed tightening view pre NFP Good bids 120.00-05: Down TrendLine From 122.04, 23.6% 118.50-120.51 & day'…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • US Mar Trade Deficit surge dents Treasury yields & USD, but it's Q1

  • Non-Mfg ISM for Apr more relevant to Medium-Term Fed tightening view pre NFP

  • Good bids 120.00-05: Down TrendLine From 122.04, 23.6% 118.50-120.51 & day's low

  • Daily Cloud top also at 119.97; offers by 120.50/60/85/121.00

  • USD 940mln of 120.50 expiries at 10ET

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By FxWirePro Team