Friday, October 16, 2026

Technicals

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USD/JPY remains bearish

Technical outlook stays bearish; spot front end riskies bid downwards Modest offers seen up to 120.60 Bids seen at 119.75; stops clustered under 119.60 Market weighed by hourly supply at the end of Fri 5year UST/JGB yiel…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Technical outlook stays bearish; spot front end riskies bid downwards

  • Modest offers seen up to 120.60

  • Bids seen at 119.75; stops clustered under 119.60

  • Market weighed by hourly supply at the end of Fri

  • 5year UST/JGB yield spread in tight range; 30-day log correlation +0.67

 

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