Friday, October 16, 2026

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USD/JPY 122.46 low near Kijun & 50% Fibo at 122.37 after Kuroda

USD/JPY 122.46 low near Kijun & 50% Fibo at 122.37 after Kuroda's yen comments Econ FinMin Amari tried talking it back up, but recent spec longs traumatized 123.55 & 123.80 hourly Fibos & recent daily lows; 200-HMA by da…

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

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  • USD/JPY 122.46 low near Kijun & 50% Fibo at 122.37 after Kuroda's yen comments

  • Econ FinMin Amari tried talking it back up, but recent spec longs traumatized

  • 123.55 & 123.80 hourly Fibos & recent daily lows; 200-HMA by day's 124.63 high

  • 1.6b of 122 expiries biggest nearby; 1-mo RR flip to long yen bias; volumes rise

  • Yield spreads & tech bounce + Long-Term RM buyers underpin, but Fed forecast still key

  • USD broadly softer as early '15-late '14 popular trades remain under pressure

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By FxWirePro Team