Friday, October 16, 2026

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USD/JPY off from high as Nikkei eases into TSE close

Nikkei closes day 18,723.52, +0.31%, high 18,836.93 despite fall in Wall St. USD/JPY off its 121.50 high, remains around 121.30. Nikkei-USD/JPY correlation strong today. Resistance at 121.50, USD410 mln option expiries, …

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Nikkei closes day 18,723.52, +0.31%, high 18,836.93 despite fall in Wall St.

  • USD/JPY off its 121.50 high, remains around 121.30.

  • Nikkei-USD/JPY correlation strong today.

  • Resistance at 121.50, USD410 mln option expiries, 765 121.00s.

  • Rising 120.97-141.46 hourly Ichi cloud possible, Tenkan 121.17, kijun 121.43. 

 

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