Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 23 - 01:55 AM

USD/JPY - Firm Markets, Fresh USD/JPY Low Above Key Support

By Andrew M Spencer  —  Feb 22 - 10:00 PM
  • -0.1% - USD led, EUR/JPY flat and AUD/JPY flat on the Tokyo holiday

  • Positive markets, E-mini S&P +0.3%, AsiaxJP stocks +0.3%, Brent oil +2.1%

  • Fed Powell's U.S. Congress testimony today key for USD-yields nIfp7MbVSj

  • Charts; 2021 trend is higher, but there have been regular corrections

  • Bearish outside day Monday would be validated by a close below 104.98

  • Close below the flat lining 104.77 Kijun line needed to end topside bias

  • 105.11 Asian high then 105.84 London top are first resistance

  • 104.92 low today in Asia, then 104.77 Kijun line is initial support

For more click on FXBUZ


jpy 2 feb 23 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!