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Apr 02 - 11:55 PM

USD/JPY Off Some More, EUR/JPY Bounces After Early Loss

By Haruya Ida  —  Apr 02 - 10:59 PM

• JPY gains almost across board today with mkt risk-off, likely haven plays

• Disparities in moves between USD/JPY and the JPY crosses however

• USD/JPY off hard and closer to session low, 149.25 to 147.52 EBS in Asia

• Moving towards 146.55 low on March 11, 145.80 monthly Ichimoku kijun

• Support eyed ahead of 147.00, site of massive $2.1 bln option expiries today

• EUR/JPY from 161.17 New York close to 160.16 before bouncing to 161.40 EBS

• Bounce from @160.29 daily Ichimoku cloud top, back above 160.81 100-DMA

• USD could remain on back-foot across the board on trade war concerns

• Related , , also and
USD/JPY hourly:


EUR/JPY hourly:


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

Source:
London Stock Exchange Group | Thomson Reuters

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