Friday, October 16, 2026

Technicals

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USD/JPY back down towards bids around 120.00

Nikkei closes down 204.41 points, 1.05% at 19,206.99, early high 19,607.25 Pre-fiscal year-end position adjustments cited 120.00 (975 mln) option expiries supportive, importer-investor bids on 119 Topside capped ahead of…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Nikkei closes down 204.41 points, 1.05% at 19,206.99, early high 19,607.25

  • Pre-fiscal year-end position adjustments cited

  • 120.00 (975 mln) option expiries supportive, importer-investor bids on 119

  • Topside capped ahead of option expiries at 120.50 (480 mln)

 

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By FxWirePro Team