• USD/JPY remains on 162 on US-Iran hostilities, Asia 162.37-60 EBS

• Some early selling but has since subsided with Nikkei up some post-TSE open

• Foreign buying of Japan stocks and related currency hedging demand

• Unflagging Japan importer demand too, retail/NISA-related demand too?

• Market heavy above 162.50 hourly Ichimoku tenkan? Support @162.39 kijun?

• Massive option expiries at 162.00, 163.00 to help contain spot action

• Possibility too of Japan FX intervention on more USD strength

• EUR/JPY buoyant with USD/JPY, 185.59-65 EBS, above 184.73-99 daily cloud

• Hourly Ichimoku cloud between 184.77-185.09 providing downside cushion

• GBP/JPY 217.37-80 after rally to 217.82 yesterday, best since January '08

• CHF/JPY sideways near base of 201.03-202.06 daily Ichi cloud, 200.68-201.25

• On hold above 200.66-94 hourly cloud, 100/200-HMAs in cloud at 200.90/72

• AUD/JPY 112.48-75, firmly in 111.82-113.58 daily Ichimoku cloud

• Holding above 112.33-43 hourly Ichimoku cloud, 100-HMA at 112.32

• NZD/JPY 92.37-93.02, bid after RBNZ hike, hawkish stance yesterday

• To base of 93.03-73 daily Ichi cloud, support around 91.39 200-DMA confirmed

• Related comments , , also

• On flows , for more click on [FXBUZ]

USD/JPY hourly:


GBP/JPY hourly:


NZD/JPY hourly:

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