Thursday, October 15, 2026

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USD/JPY eyes 124.50 barriers on way to 125

US Pending Home Sales beat forecast, USD/JPY hunting 124.50 barriers on way to 125 Barriers at 124.50 likely to offer little resistance though Traders & hedgers still playing catch-up to USD/JPY advance Advance features …

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

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  • US Pending Home Sales beat forecast, USD/JPY hunting 124.50 barriers on way to 125

  • Barriers at 124.50 likely to offer little resistance though

  • Traders & hedgers still playing catch-up to USD/JPY advance

  • Advance features daily ranges above rapidly spreading upper 21-d Bolli

  • Measured objectives off the Mar low & '14's low are at 124.90 & 125.17

  • Large 125 RKO defenses the first serious challenge to this advance

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By FxWirePro Team