Welcome Guest:
Sign Up
A Data Partner of:
Sep 11 - 05:00 AM
USD/JPY - After Ichimoku Cloud Break USD/JPY Shorts Should Cover
First appeared on eFXplus on Sep 11 - 02:40 AM
  • As often happens USD/JPY rallying in September
  • Pair has now broken over daily Ichimoku cloud top at 107.71
  • Yesterday USDJPY closed bullishly over 55-DMA and cloud base
  • USD/JPY traders are short mainly as safety trades for trade war
  • Now Oct trade talks. ECB/Fed to ease. BOJ dovish
  • Pressure from short covering will now add to September's bid
  • Over 76.4% drop since July 108.17 & 100-DMA 107.19 risks 109.32

USD/JPY daily Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer