Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 15 - 03:55 PM

USD/JPY - Clears Key 114.03 Hurdle On Robust Fed Rate Hike Dot Plots

By Randolph Donney  —  Dec 15 - 02:17 PM

  • USD/JPY cleared tenkan and kijun hurdles at 114.03 after hawkish Fed

  • Dot plots for 3 hikes in 2022 and 3 more in 2023 nS0N2SR03L

  • Close above 114.03, daily kijun and weekly tenkan would be bullish

  • 114.82 and 115 the main hurdles ahead of the 115.525 Nov EBS peak

  • USD/JPY, like Tsy yields, looked past weak US retail sales earlier

  • Sales setback seen as pullback from accelerated buying since August

  • BOJ's ultra-dovish Kuroda encouraging yen shorts nL4N2T00BE

  • Now rising 10-DMA, flat tenkan and cloud top reinforce rally

For more click on FXBUZ


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
© 2022 eFXdata · All Rights Reserved
!