Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 09 - 03:48 PM
USD/JPY - Holds Last Week's Low Ahead Of Key Event Risks
First appeared on eFXplus on Dec 09 - 01:25 PM
  • Last week's USD/JPY 108.43 low retested before a modest bounce

  • USD/JPY yet to close below 23.6% of Sep-Dec rise, 55DMA at 108.48

  • Huge NFP beats Friday finally gets some notice amid events risks

  • Massive $2.3bln of 109 expiries Tuesday a likely a delta-hedging draw

  • A sub-108.23 - cloud top & Nov. 14 pullback low - close ends uptrend

  • Three weekly sell signals on Friday put the onus on bulls nL1N28J0J9

  • GBP/JPY will fall nL1N28J0RD if UK vote, trade war news disappoint

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
!