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TDUX
Aug 25 - 11:55 PM

USD/JPY - Falls Back Into Hourly Ichimoku Cloud

By Haruya Ida  —  Aug 25 - 10:40 PM

• USD/JPY seeing some heated sales in Tokyo, no doubt Japanese exporters in

• Nikkei up bit today but recently weak, foreign investor ccy hedge sales too?

• Nikkei in 65.390.55-66.109.77 range today, above 64,609.47 low yesterday

• Managing to hold above 64,272 ascending 100-DMA, below 66.061-903 Ichi cloud

• USD/JPY from 159.26 to 158.89 EBS, still between 158.39/159.98 200/100-DMAs

• Tracking away from 159.99-161.97 daily Ichi cloud, into 158.83-159.08 hourly

Break below hourly cloud bearish, could see push towards 200-DMA

• Effect of news BOJ Gov Ueda won't attend Jackson Hole being digested

• Fresh health problems? Unwilling to face criticism on lack of rate hikes?

• Related comment , also

• On BOJ Ueda , , for more click on [FXBUZ]

USD/JPY hourly:


Nikkei 225 daily:


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

Source:
London Stock Exchange Group | Thomson Reuters

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