Friday, October 16, 2026

Technicals

Add as a preferred source on Google

USD/JPY breaks below hourly cloud, yield spreads & fall in stocks lifts yen

Source: Thomson Reuters USD/JPY breaks below hourly Cloud first time since Mar 5, yield spreads & fall in stocks lifting yen Oversold bounce in cross a risk while above Jul-Aug '13 lows by 128 Hourly H&S neckline is at 1…

By Jay L. Zagorsky
1 min read
USD/JPY breaks below hourly cloud, yield spreads & fall in stocks lifts yen
Image from the original EconoTimes article

Read the original article

Source: Thomson Reuters


  • USD/JPY breaks below hourly Cloud first time since Mar 5, yield spreads & fall in stocks lifting yen

  • Oversold bounce in cross a risk while above Jul-Aug '13 lows by 128

  • Hourly H&S neckline is at 120.93 v the overnight low at 120.85; break targets 120.40-50

  • EUR/JPY fell on ECB Nowotny's comments, but barely made new low

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