Thursday, October 15, 2026

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USD/JPY bullish above the cloud, 200 HMA supports

Above the cloud after bouncing from near 61.8% fibo of Feb range at 118.10 Off Tues' 119.42 but pullbacks supported around 200 HMA at 119.00 in London Overnight low was 118.88 Increasing signs of an extension north from …

By Meredith J C Warren
1 min read
USD/JPY bullish above the cloud, 200 HMA supports
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  • Above the cloud after bouncing from near 61.8% fibo of Feb range at 118.10

  • Off Tues' 119.42 but pullbacks supported around 200 HMA at 119.00 in London

  • Overnight low was 118.88

  • Increasing signs of an extension north from the charts

  • Buy the dip back to pivotal 118.10/11

  • Cloud top is support ahead at 118.30

 

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By FxWirePro Team