Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 26 - 05:55 AM

USD/JPY - Long Exits Have Increased As Spot Heads Higher

By Martin Miller  —  Mar 26 - 04:04 AM
  • Dollar has reached a critical junction nL1N2LN0O2

  • USD/JPY bulls seem to be gearing up for a charge at 108.56 Fibo nL1N2LO0CM

  • 108.56 Fibo a 76.4% retrace of 111.71 to 102.60 (Mar 2020 to Jan 2021) fall

  • USD/JPY has seen a 109.13-109.36 range on Friday, according to EBS data

  • Offers said to be thick above 109.30, some from recent longs booking profits

  • USD/JPY long exits have intensified since Wed as spot heads higher

  • USD/JPY, EUR/JPY 30-day log correlation remains under +0.5

EBS Flow Data Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!