A Data Partner of:
Refinitiv
May 30 - 01:55 AM

USD/JPY - Off More Before Bouncing, JPY Crosses On Back Feet

By Haruya Ida  —  May 29 - 11:39 PM

• USD/JPY from 144.14 early Asia to 143.45 EBS before some bounce

• Spot below 143.75-147.27 daily Ichimoku cloud for a time

• Cloud affirmed as good resistance, clean break back below matter of time?

• Spot also thru ascending hourly Ichi cloud, below, in 143.88 100-HMA area

• Hourly cloud currently between 144.20-145.33 to provide resistance

• Massive $1.1 bln option expiries at 145.00 today, also 143.00 $3.3 bln

• Softer US yields, bouncing JGB yields tad more JPY supportive

• EUR/JPY on back foot, 163.39-66 EBS in Asia, off from 164.26 yesterday

• GBP/JPY 194.56 to 193.66, off from 196.29 spike high yesterday

• AUD/JPY 92.96 to 92.32 and off after rally to 93.87 yesterday

• Pre-weekend and month-end flows seen favouring JPY in Tokyo, Asia at large

• Japan data dump, BOJ Ueda-speak reinforces BOJ hawkish bias

• That said, uncertainties over tariffs, growth still, BOJ likely on hold

• Related comments , , also ,

• On Japan data/BOJ , for more click on [FXBUZ]

USD/JPY hourly:


EUR/JPY hourly:


AUD/JPY hourly:


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

Source:
London Stock Exchange Group | Thomson Reuters

eFX Plus

FX Orders Data Since 2014

  • Institutional Derived FX Orders
  • 5 Dedicated Technical Traders
  • Trade of the Week
  • Quant Models
  • Currency & Commodity Forecasts
  • Machine Readable Insights
  • Data Previews
  • A data parter of  LSEG

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!