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• USD/JPY in tight range yesterday, 158.75-159.06, Asia today 158.82-97 EBS
• Market awaiting more news on Middle East, fresh flows
• Action light yesterday on US/London/other market holidays
• USD/JPY still on hold around top of 156.37-158.85 daily Ichimoku cloud
• Still below 158.98-159.07 wafer thin hourly Ichimoku cloud, if only barely
• Tech support eyed at ascending 200-HMA at 158.79
• On options front, expiries today at 158.00 $879 mln, 158.90-159.00 $443 mln
• Also 160.00 $623 mln up top
• Quiet eyed ahead of London, US market re-opens barring fresh news
• Related comment , also
• On crude , US-Iran ,
USD/JPY daily:
USD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)