Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Oct 08 - 05:55 PM

USD/JPY - Bears Kept In The Game By Downtrend Line, Cloud Top

By Randolph Donney  —  Oct 08 - 03:25 PM
  • USD/JPY shorts kept viable after down TL from July holds at 106.11

  • Tight range inside the 105.85-6.18 cloud span shows indecision

  • The weekly on-close pivot point at 106.17 will also be key on Friday

  • Bullishly aligned tenkan & kijun need cloud breakout for confirmation

  • A close below the tenkan at 105.53 would bolster the down TL top turn

  • Wed, today closes above the 55-DMA at 105.77 on EBS favors 100-DMA at 106.53

    For more click on FXBUZ

Chart Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved