Thursday, October 15, 2026

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USD/JPY set for further gains

Pair continues trading above the Ichimoku cloud indicative of upside potential Daily close above tenkan line required at 119.29 Tenkan & kijun lines stay positively aligned, also a bullish sign Solid support noted at 118…

By Meredith J C Warren
1 min read
USD/JPY set for further gains
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  • Pair continues trading above the Ichimoku cloud indicative of upside potential

  • Daily close above tenkan line required at 119.29

  • Tenkan & kijun lines stay positively aligned, also a bullish sign

  • Solid support noted at 118.10/11 - 61.8% of 116.64-120.48/Feb 16 low

  • Temporary support at 118.75 - Mon's low

  • Traders have raised bid to 118.80

 

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By FxWirePro Team