Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

USD/JPY reverses outlier to 118.88

USD/JPY saw an outlier down to 118.88 post-BoJ. All orders expected to be off, blamed by a trade or two in thin conditions. Time down on 118-handle less than 10 minutes, market 119.00+ since. USD/JPY still on 119 but see…

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

Read the original article

  • USD/JPY saw an outlier down to 118.88 post-BoJ.

  • All orders expected to be off, blamed by a trade or two in thin conditions.

  • Time down on 118-handle less than 10 minutes, market 119.00+ since.

  • USD/JPY still on 119 but sees little fresh buys, sub-119.00 more expected.

  • Upside now seen limited before 119.50 option strikes pre-London.

  • Technical support at 118.82 daily Ichimoku tenkan line.  

 

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