Thursday, October 15, 2026

Technicals

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USD/JPY trading around 122.50, technical bias upside

Equity markets starting to calm and GREXIT fears starting to recede JPY has been major beneficiary from market turmoil this week If European equity and bond markets calm today USD/JPY could drift elevated Resistance at 3…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Equity markets starting to calm and GREXIT fears starting to recede

  • JPY has been major beneficiary from market turmoil this week

  • If European equity and bond markets calm today USD/JPY could drift elevated

  • Resistance at 38.2% Fibonacci of 124.38/121.93 move at 122.87

  • Key resistance is found at 123.15/20 levels

 

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