Friday, October 16, 2026

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USD/JPY slips to new lows, but 120.44-47 key props

Source: Thomson Reuters USD/JPY sees new minor low, but hourly Cloud top, 38.2% & prior lows at 120.44-47 key props Daily Tenkan at 120.67 eyed into close; 121 & 200-HMA are upside pivot points Oil drop muffles imported …

By Jay L. Zagorsky
1 min read
USD/JPY slips to new lows, but 120.44-47 key props
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Source: Thomson Reuters


  • USD/JPY sees new minor low, but hourly Cloud top, 38.2% & prior lows at 120.44-47 key props

  • Daily Tenkan at 120.67 eyed into close; 121 & 200-HMA are upside pivot points

  • Oil drop muffles imported inflation angst; GPIF et al underpin USD/JPY

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By FxWirePro Team