Friday, October 16, 2026

Technicals

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USD/JPY tracks hourly Ichi cloud top higher

USD/JPY pulls higher after trade down to 120.85 early, 121.45 high. Upbeat Nikkei helping, +0.54% on day at writing, fall eyed pre-TSE open. Some option expirations at 121.50, USD410 mln, bln at 122.00. Some technical re…

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

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  • USD/JPY pulls higher after trade down to 120.85 early, 121.45 high.

  • Upbeat Nikkei helping, +0.54% on day at writing, fall eyed pre-TSE open.

  • Some option expirations at 121.50, USD410 mln, bln at 122.00.

  • Some technical resistance at flat 121.44 Ichi kijun line.

  • High yesterday 122.04, offers at 122 seen but stops 122.05+. 

 

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By FxWirePro Team