• USD/JPY looks to have hit a ceiling a sorts after the good bounce yesterday

• High yesterday 162.49 EBS, ease back in Asia from 162.48 to 162.25

• Despite USD positives (US-Iran, hawkish Fed), some JPY buys on Katayama talk

• FinMin Katayama doubled down on plan for pensions to target Japan assets

• Nothing specific but likely to boost Japanese assets, yen down the road

• USD/JPY around its 162.37 hourly Ichi tenkan, 100-HMA 162.19, kijun 162.16

• Only nearby option expiries today of note 161.99-162.00 $819 mln below

• EUR/JPY 184.81-96 EBS, heavy but off lows

• Pivoting around 184.61-99 daily Ichimoku cloud

• Hourly Ichimoku cloud between 184.91-185.15 resistance?

• CHF/JPY also heavy, 199.14-58, still above ascending 200-DMA at 198.57

• GBP/JPY consolidating recent gains, 216.62-94 just off recent highs

• In 216.66-217.11 hourly Ichi cloud, 200/100-HMAs 216.52 below/217.12 above

• AUD/JPY sideways, 112.20-48, in 111.82-113.58 daily Ichimoku cloud

• Also back in 112.31-43 hourly Ichi cloud, 200-HMA 112.27, 100-HMA 112.48

• NZD/JPY well bid, 93.27 to 93.99, broke top of 93.03-87 daily Ichi cloud

• Highest since 94.09 June 5 after hawkish RBNZ Conway talk

• Related comments , , , also

• Also on GBP/JPY , NZD/JPY

• On Katayama-speak , for more click on [FXBUZ]

USD/JPY hourly:


NZD/JPY hourly:

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