Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 13 - 08:36 AM
USD/JPY - Stock Drop Hints USD/JPY Will Break Lower Too
First appeared on eFXplus on May 13 - 06:40 AM
  • Nikkei futures bearish. Topping below 100-DMA 21,150, now 21,130
  • Last three lows coming ahead 21,022 which is 38.2% Dec-April rise
  • Break would expose March lows 20,680/20,640 and 50% fib @ 20,605
  • USD/JPY traders have only slightly reduced longs IMM/FX
  • Risk-off mood continues to weigh. 38.2% 2019 rally is 109.23
  • Below risks 50/61.8% fibs @ 108.25 and 107.27

USDJPY weekly Click here

Nikkei futures Click here

JPY shorts Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!