- USD/JPY wobbly, 1st day with USD/JPY wholly below upper 21-d Bolli since May 18
- Hourly Cloud twists at 123.94 at fix, hourly TrendLine & 200-HMA key by 123.75
- Early signs overbought rally becoming two-way into 124.50 & 125 profit-taking/option defenses
- Despite soft US Chi PMI, forecast decent jobs data seen keep Fed hike risk alive
- Big surge in IMM net spec yen shorts warns of frothy trading
Technicals
USD/JPY rally becoming two-way into 124.50 & 125
USD/JPY wobbly, 1st day with USD/JPY wholly below upper 21-d Bolli since May 18 Hourly Cloud twists at 123.94 at fix, hourly TrendLine & 200-HMA key by 123.75 Early signs overbought rally becoming two-way into 124.50 & 1…
1 min read
Related articles
Technicals
Major Pair Currency Score: AUDUSD Bearish — Key Levels to Watch
EURUSD - Levels to watch - 1.1100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8365 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
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
Technicals
JPY Major Pair Currency Score: USDJPY, GBPJPY and AUDJPY Extremely Bearish
JPY Major Pair Currency Score: USDJPY, GBPJPY and AUDJPY Extremely Bearish


