Technicals

Add as a preferred source on Google

USD/JPY boosted on strong USD

USD strength, Nikkei rebounds into TSE AM close assists USD/JPY up. Nikkei closes TSE AM session up small, reverses modest early losses. USD bought against NZD, AUD, USD/JPY up from 118.78 to 119.10. Despite upward trend…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • USD strength, Nikkei rebounds into TSE AM close assists USD/JPY up.

  • Nikkei closes TSE AM session up small, reverses modest early losses.

  • USD bought against NZD, AUD, USD/JPY up from 118.78 to 119.10.

  • Despite upward trend, pair still in 118-119.50 range, option headwind topside.

  • Offers seen from 119.50 - Japan exporters, option expiries from 119.55. 

 

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