Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 26 - 06:55 AM

USD/JPY - Stuck In Big Battle Circa 145 As Key LDP Election Looms

By Martin Miller  —  Sep 26 - 04:55 AM
  • USD/JPY has risen from 144.45 in Asia, to hit 145.20 in Ldn, EBS data shows

  • Spot breaks the 144.86 Fibo, bulls need a daily close above nL1N3L807S

  • 144.86 Fibo is a 23.6% of the 161.96-139.58 (Jul-Sep) EBS drop

  • Talk that speculative accounts were fishing for buy stops above 145

  • Japanese exporters will want to sell above 145 ahead of fiscal half-end

  • A huge 145 strike worth 1.4B, expiring at NY cut, could contain nL1N3L8081

  • EUR/JPY and USD/JPY currency pairs continue to trade in tandem

  • Key LDP election to pick Japan's next leader occurs on Friday nL1N3L805J

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!