Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 04 - 03:55 PM

USD/JPY - Settles Above 200-DMA Support

By Robert Fullem  —  Nov 04 - 01:50 PM
  • USD/JPY trims drop after testing key support at its 200-DMA of 151.57 amid lower Treasury yields

  • Session range remains 151.54 to 152.95 on EBS with volumes muted ahead of US elections on Tuesday

  • One-week implieds move above 18.0% to a three-month high ahead of this week's US election outcome and an FOMC policy decision

  • Key resistance is at the double-top of 153.87-88 from last week and the 154 psychological level

  • Supports below the 200-DMA include the Oct. 23 low of 151.04, Oct. 21 high of 150.88 and its 100-DMA at 150.37

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!