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Apr 20 - 09:55 PM

EUR/JPY - JPY Crosses Again Buoyant, EUR/JPY Record High Yesterday

By Haruya Ida  —  Apr 20 - 08:58 PM

• JPY crosses again buoyant, better bid, tentative moves back into risk?

• No doubt expectations BOJ will hold rates as is next week helping

• Totan Research/ICAP sees only 19% chance of hike next week, June 55%

• EUR/JPY to a fresh record high of 187.95 EBS Friday before falling back

• Yesterday saw some bounce, 186.48 early to 187.27, indicated 187.30 today

• In hover mode around 187.28 100-HMA, hourly Ichimoku cloud 187.09-14 below

• Underlining support at ascending 200-HMA at 186.49

• CHF/JPY to fresh recent highs, Asia so far today 203.55-204.17

• GBP/JPY also buoyant though holding below recent highs, 214.58-215.03

• AUD/JPY 113.83-114.06 and on hold under 114.37 high Friday

• Related , on BOJ , for more click on [FXBUZ]

EUR/JPY:


CHF/JPY:


AUD/JPY:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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