Friday, October 16, 2026

Technicals

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USD/JPY moving cautiously higher

More stops at 120.55, 120.85, 121.00, 120.51 and 120.84 Option expiries at 120.85-121.00, total 570 mln, more headwind Some Japan importer bids upped to just below 120.00, 119.50 yesterday

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • More stops at 120.55, 120.85, 121.00, 120.51 and 120.84

  • Option expiries at 120.85-121.00, total 570 mln, more headwind

  • Some Japan importer bids upped to just below 120.00, 119.50 yesterday

 

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