Friday, October 16, 2026

Technicals

Add as a preferred source on Google

USD/JPY bearish close Fri targets Cloud

Source: Thomson Reuters USD/JPY more or less holding 76.4% of 119.29-121.20 rise at 119.74 intraday Bearish close Fri below daily Kijun & 50% Fibo at 120.07 targets Cloud Falling USD-JPY yield spreads weigh on pair Best …

By Jay L. Zagorsky
1 min read
USD/JPY bearish close Fri targets Cloud
Image from the original EconoTimes article

Read the original article

Source: Thomson Reuters


  • USD/JPY more or less holding 76.4% of 119.29-121.20 rise at 119.74 intraday

  • Bearish close Fri below daily Kijun & 50% Fibo at 120.07 targets Cloud

  • Falling USD-JPY yield spreads weigh on pair

  • Best case for bulls is a 38.2% of the 121.20-119.725 slide at 120.29: a fade

  • Daily cloud at 118.71/46, but twists Weds at 118.50-29; 100-DMA 118.71

  • QQE3 doubts raised after Abe-Kuroda fiscal friction 

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