• USD/JPY looks to have found a new equilibrium around 162.00

• Asia so far today 161.67-162.17 EBS, GPIF news yen supportive

• That said, re-flaring of US-Iran hostilities USD supportive

• Technically, USD/JPY holding above daily Ichimoku kijun at 161.17

• Spot also back above 161.87-99 hourly Ichimoku cloud

• 200 and 100-HMAs in area at 162.01 and 162.12, respectively

• $2.4 161.00-75, $2.2 bln 162.00-30 option expiries today to contain spot?

• EUR/JPY heavy, 184.60-72 EBS, mostly in 184.61-99 daily Ichimoku cloud

• Essentially sideways since May 7 in 183.18 (June 24)-186.31 (June 16) range

• GBP/JPY 216.22-84, off more after rally to 218.00 Thursday

• Thursday high best for cross since 222.73 in January 2008

• Good support seen for now in area of ascending 200-HMA at 216.35

• CHF/JPY heavy, 199.54-200.20, support below at 198.53 ascending 200-DMA

• AUD/JPY sideways after rally to 112.80 July 6, Asia today 112.09-52

• Support from area of 200-HMA at 112.23

• NZD/JPY better bid, to 93.46 before easing back, low 92.99

• Follows rally to 93.57 Friday, still mostly in 93.03-85 daily Ichi cloud

• 100-DMA at 92.97 support for now, at top of 92.91-93.32 hourly cloud

• Related comments , , , also
USD/JPY hourly:


USD/JPY nearby option expiries this week:

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