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Derived real-time data in partnership with:
Thomson Reuters
May 13 - 11:00 PM
AUD/JPY - Rising Cloud Base Supports - USD Softer Early
First appeared on eFXplus on May 13 - 08:40 PM
  • Flat in early Tokyo - USD a fraction softer - E-mini S&P +0.3%
  • Cloud base, a magnet since mid April, rises this week - underlying support
  • Traded entirely within the cloud Friday - first since Jan - also positive
  • Horizontal Tenkan & Kijun lines = consolidation; bias higher with cloud base
  • 82.59 horizontal Kijun line & 50% Apr/May fall then 82.66 Ldn top resistance
  • NY 82.32 low then 82.09 cloud base initial support

auj may 14 Click here

Source:
Thomson Reuters IFR Markets

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