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• USD/JPY seeing some heated sales in Tokyo, no doubt Japanese exporters in
• Nikkei up bit today but recently weak, foreign investor ccy hedge sales too?
• Nikkei in 65.390.55-66.109.77 range today, above 64,609.47 low yesterday
• Managing to hold above 64,272 ascending 100-DMA, below 66.061-903 Ichi cloud
• USD/JPY from 159.26 to 158.89 EBS, still between 158.39/159.98 200/100-DMAs
• Tracking away from 159.99-161.97 daily Ichi cloud, into 158.83-159.08 hourly
• Break below hourly cloud bearish, could see push towards 200-DMA
• Effect of news BOJ Gov Ueda won't attend Jackson Hole being digested
• Fresh health problems? Unwilling to face criticism on lack of rate hikes?
• Related comment , also
• On BOJ Ueda , , for more click on [FXBUZ]
USD/JPY hourly:
Nikkei 225 daily:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)