• USD/JPY is in stasis in Asia on 158, 158.68-159.00 EBS so far

• Japanese exporters again capping upside, absorbing any importer demand

• Spot now clearly below still ascending 159.67-161.64 daily Ichimoku cloud

• Between 158.35 flattening 200-DMA below and flat 159.98 100-DMA above

• Currently back above descending hourly Ichi cloud between 158.83-85

• Below descending 100-HMA at 159.00 and 200-HMA at 159.14 however

• Few nearby option expiries today - 159.00 $350 mln, 157.85/88 $742 mln only

• JPY crosses bid and suggests some may be returning to carries

• EUR/JPY relatively bid and indicated 185.61 EBS, below 186.02 high Friday

• Holding for now above 185.14 100-DMA, 184.74-99 daily Ichimoku cloud

• GBP/JPY better bid too, 216.12-98, holding below 217.09 high Friday

• At top of 215.36-216.92 daily Ichimoku cloud

• AUD/JPY 113.58-98 and also holding below 114.16 high Friday

• Above its 112.81-113.01 daily Ichimoku cloud

• NZD/JPY still shines among the crosses, 94.77-95.14, below 95.16 high Friday

• Not far too from 95.42 recent peak on July 21

• CHF/JPY holding own, 197.87-198.59, sub-199.07 high Thursday, 199.56 200-DMA

• Most in wait for news from Fed's Jackson Hole symposium later this week

• Related comment , also , for more click on [FXBUZ]

USD/JPY hourly:


EUR/JPY hourly:


NZD/JPY hourly:

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