Friday, October 16, 2026

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USD/JPY rise struggles by Kijun, Cloud top by 120.20 key

Chicago PMI rise being limited by Milwaukee NAPM down side miss USD/JPY so far only got 2 pips past 119.59 daily Kijun hurdle Cloud top & down TrendLine From Mar key by 120.20 Overbought hourlies due to unwind; 200-HMA &…

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

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  • Chicago PMI rise being limited by Milwaukee NAPM down side miss

  • USD/JPY so far only got 2 pips past 119.59 daily Kijun hurdle

  • Cloud top & down TrendLine From Mar key by 120.20

  • Overbought hourlies due to unwind; 200-HMA & hourly Cloud by 109.30/10

  • Oversold daily Slow Stochs & Bolli band bounce buys need confirmation

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By FxWirePro Team