• USD/JPY bid in Asia, 160.24-43 EBS, on re-flaring of Middle East tensions

• Recently tad wider JGB-US Treasury rate differentials helping

• Gotobi Tokyo fix and Japanese importer demand strong

• Market jittery though on intervention threat, quick dip before bounce

• Tech support from area of 160.25 hourly Ichimoku kijun, cloud 160.06-17

• Ascending 100 and 200-HMAs at 160.13 and 159.89, respectively

• Large option expiries in area to help contain spot action again

• 160.00 $1.8 bln, 160.25-45 $1.1 bln, 160.50 $1.2 bln, 160.70-161.05 $720 mln

• GBP/JPY holding own 214.18-63, in 212.85-215.61 range since last Friday

• Above 213.54-214.23 hourly and 212.49-213.33 daily Ichimoku clouds

• EUR/JPY on heavy side too, 185.02-07 EBS, in 187.75-185.10 hourly cloud

• 100/200-HMAs at 185.35/42 to cap? 184.00 spike low Monday base for now?

• Smattering of option expiries today from 184.25 to 185.60

• CHF/JPY 200.41-97, below 201.02-03/200.79-201.69 daily/hourly Ichi clouds

• Out of market's range but massive CHF1.1 bln option expiries today at 198.50

• AUD/JPY heavy between 112.45-77, holding above 111.52-72 daily Ichi cloud

• However, holding below hourly Ichimoku cloud between 112.87-113.31

• NZD/JPY also holding above 92.47-63 daily cloud, between 92.97-93.38 in Asia

• Near top of 93.02-32 hourly Ichi cloud, below descending 100-HMA at 93.38

• Japan May wholesale prices up large, to make BOJ even more hawkish?

• Related comments , , also

• On Japan CGPI , for more click on [FXBUZ]

USD/JPY hourly:


GBP/JPY hourly:


AUD/JPY hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)