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Derived real-time data in partnership with:
Thomson Reuters
May 08 - 08:36 AM
USD/JPY - REFILE-BUZZ-Stocks Tumble Pushing USD/JPY Closer 109.50 Options And Stops Below
First appeared on eFXplus on May 08 - 06:20 AM

Corrects DAX to -100pts

  • Sea of red for stocks. DAX down 100 pts last 90 minutes, FTSE off 30 pts
  • Nikkei futures drop 100pts, E-mini -15pts in the same time frame
  • USD/JPY dips back below 110.00, traders remain very long dollars IMM/FX
  • Yesterday USD/JPY closed below daily Ichimoku cloud base @ 110.31
  • Today's range 109.91-110.29, entirely below cloud base
  • Weekly cloud base @ 109.56. Expect barriers at 109.50 and big stops below

USDJPY daily Click here

USDJPY weekly Click here

Source:
Thomson Reuters IFR Markets

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