Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 04 - 05:55 AM

USD/JPY's Thick Daily Cloud Keeps The Bias On The Upside

By Martin Miller  —  Feb 04 - 03:46 AM

• USD/JPY propped up by the thick cloud, that keeps the bias on the upside

• There is scope for gains to eventually probe the Jan 23 156.76 (EBS) peak

• The daily cloud, that currently spans the 153.37-154.82 region, supports

• A break under Monday's 153.72 low would be an early warning to bulls

• If the daily cloud base gives way, that would be a very negative sign

• USD/JPY Trader

Daily Chart:


(Martin Miller is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!