Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Aug 14 - 03:48 AM
USD/JPY - Saw Biggest Daily Gain Since March 2018, Kijun In View
First appeared on eFXplus on Aug 14 - 02:30 AM
  • Biggest one-day gain since March 28 2018, closed up 148 pips on the EBS Tues
  • USD/JPY managed to register a daily close above the 106.68 Fibo
  • 106.68 is a 38.2% retrace of the 109.32 to 105.05 August drop
  • Outlook from here is uncertain and bulls will need sustained consolidation
  • That would aid the next upswing to test the kijun line at 107.19
  • EUR/JPY range has been 118.76-119.20. Previous USD/JPY update

USD/JPY Trader:

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!