OctaFX | OctaFX Forex Broker
Open trading account

USD/JPY holding onto the 102 in the open

FXStreet (Guatemala) - USD/JPY is trading at 102.06, down -0.04% on the day, having posted a daily high at 102.17 and low at 102.03.

USD/JPY is still pressing on the 102 handle and still comes with a bearish bias in an uneventful Asian session thus far. With the Nikkei opening down 0.14%, there are no great shakes and we simply await for action else where that could shake up the USD yet again and transpire across various majors. The BoJ is the only real risk event bar the ongoing affects that geopolitical events are having on the Japanese currency acting as a safe haven in un friendly environment for the greenback.

USD/JPY Levels

Spot is presently trading at 102.11, and next resistance can be seen at 102.22 (Daily 200 SMA), 102.31 (Hourly 20 EMA), 102.80, 103.10 and 103.40. Next support to the downside can be found at 102.10 (Daily Open), 102.08 (Low), 101.90 (Daily Classic S3) and 101.60.

GBP/JPY reaches 171.50 bids, bounces to 172.00

GBP/JPY had a major break to the downside during Wednesday, sending the pair over 1 cent lower after reaching its lowest since June 12 at 171.48, key swing low area that saw offers dry up.
Read more Previous

The day ahead and key events - Rabobank

Analysts at Rabobank highlight the up and coming key events from global markets in the FX space.
Read more Next
Start livechat