Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 30 - 10:55 PM

USD/JPY - Consolidates Above 115.00 In Quiet Asian Session

By John Noonan  —  Dec 30 - 10:03 PM
  • USD/JPY opened 115.03 and traded in a narrow 115.02/08 range in Asia

  • It was the first open above 115.00 since Nov 25

  • USD/JPY trending higher with the 5, 10 & 21-day MAs in a bullish alignment

  • Key resistance is at the 2021 high at 115.52 made on Nov 24

  • Support is at the 10-day MA at 114.53 and break would ease upward pressure

  • Buoyant asset markets into year-end continue to weigh on JPY

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!