Thursday, October 15, 2026

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USD/JPY holds above cloud

118.42 lows pressured in Asia and possible retest here intraday Above Ichimoku cloud top at 118.28 Moved above the cloud Tuesday Rebound came from the 618% fibo of the Feb range at 118.10 Above here stays bullish and hav…

By Meredith J C Warren
1 min read
USD/JPY holds above cloud
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  • 118.42 lows pressured in Asia and possible retest here intraday

  • Above Ichimoku cloud top at 118.28
  • Moved above the cloud Tuesday

  • Rebound came from the 618% fibo of the Feb range at 118.10

  • Above here stays bullish and have a bid at 118.15

  • Close below the kijun line (118.16) re-evaluates

 

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