Thursday, October 15, 2026

Technicals

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USD/JPY rally supported by rising yield spreads and stock prices

USD/JPY clears modest option defense at nears 124 & '07 peak at 124.14; stops above Medium-Term & Long-Term Fibo objective at 124.90 & 125.17; key RKO defenses at 125 Rally supported by rising yield spreads and stock pri…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY clears modest option defense at nears 124 & '07 peak at 124.14; stops above

  • Medium-Term & Long-Term Fibo objective at 124.90 & 125.17; key RKO defenses at 125

  • Rally supported by rising yield spreads and stock prices 

  • EUR/JPY capped by its Tenkan at 135.03 after Greek misinformation rise

  • Yen weaker across board ahead of GPIF's Q1 allocation posting this week

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By FxWirePro Team