Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

USD/JPY closing gap on small 124 barriers

USD/JPY remains on track for objectives by 125, prices above down TrendLine from '09 by 122 Pair closing gap on small 124 barriers & 124.14 peak from '07; stops above there 161.8% Fibo-projected highs off Mar's low & '14…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • USD/JPY remains on track for objectives by 125, prices above down TrendLine from '09 by 122

  • Pair closing gap on small 124 barriers & 124.14 peak from '07; stops above there

  • 161.8% Fibo-projected highs off Mar's low & '14's low are at 124.90 & 125.17

  • Daily ADX only at 19 v trendless 13 May low & 34 Mar moderate swing high

  • Large RKO defenses arrayed into 125, reinforcing that as new range top

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