By Andrew M Spencer — Oct 27 - 11:30 PM
Off 0.1% at the base of a busy 0.6595-0.6625 range on LSEG FX Matching
USD/JPY +0.9% as the Japanese election left no party with a clear mandate
Brent oil fell 4.4% as Iran downplayed Israel's retaliatory strike
Treasury yields climbed on US election uncertainty, 10yr +4bp 4.274% on TWEB
Most stocks are higher E-mini S&P +0.5%, Nikkei +1.45%, AsiaxJP off 0.05%
Charts; 5, 10 & 21-day moving averages fall, daily momentum studies ease
21-day Bollinger bands slide - daily charts maintain the downside bias
0.6577 0.618% of the August-September rise is the next significant support
0.6659 10-day moving average, then the 0.6730 21-DMA are first resistance
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary