Friday, October 16, 2026

Technicals

Add as a preferred source on Google

USD/JPY off highs, fresh Nikkei weakness

USD/JPY down from 122.04 in early afternoon as Nikkei moves down. Profit-taking by longs seen, bids return in 121.70-80 window. Nikkei weighs on sentiment, moving lower, currently off 130 pts, 0.7%. Absence of fresh, lar…

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

Read the original article

  • USD/JPY down from 122.04 in early afternoon as Nikkei moves down.

  • Profit-taking by longs seen, bids return in 121.70-80 window.

  • Nikkei weighs on sentiment, moving lower, currently off 130 pts, 0.7%.

  • Absence of fresh, large buy-side flows, high seen.

  • Technical support at 121.58 hourly Ichi tenkan, 121.34 hourly kijun. 

 

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