Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

USD/JPY bulls regaining strength

  • Longs suffered post FOMC with slide to 119.29 in NY

  • Expiry of 121.00 strike on Fri at the NY cut worth 3.6bn

  • Drop led to a shake out of longs; enables healthy rebuilding by bulls

  • Subsequent gains and hourly hammer lead to an Asian recovery

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.