Thursday, October 15, 2026

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USD/JPY trims post-breakout gains, stocks blowback

USD/JPY trims post-breakout gains, SPX & N225 futures starting to skid Key supports by London low & 38.2% projected at 122.48, stocks blowback Medium-Term 38.2% at 122.40 should hold 161.8 off May 22 base is at 123.62 as…

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

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  • USD/JPY trims post-breakout gains, SPX & N225 futures starting to skid

  • Key supports by London low & 38.2% projected at 122.48, stocks blowback

  • Medium-Term 38.2% at 122.40 should hold

  • 161.8 off May 22 base is at 123.62 as interim target pre '07 peak at 124.14 

  • Broad USD surge is a neg for US multinationals, feeds some yen haven buys

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By FxWirePro Team