交易新闻
16 Apr 2015
USD/JPY challenges 119.00
FXStreet (Edinburgh) - The greenback keeps losing its shine on Thursday, now dragging USD/JPY to test the key support at 119.00.
USD/JPY focus on US calendar
The pair is retracing the overnight spike to the 119.50 region following a resurgence of the selling pressure around the US dollar. Spot has been closing with losses since Monday, giving away last week’s gains to recent peaks near 120.80, against the backdrop of softer-than-expected US data and some JPY-supportive comments from Japanese officials.
USD/JPY relevant levels
The pair is now down 0.09% at 119.04 with the next support at 118.79 (low Apr.15) ahead of 118.71 (low Apr.3) and then 118.33 (low Mar.26). On the flip side, a break above 119.75 (high Apr.16) would aim for 119.82 (Tenkan Sen) and finally 120.00 (Kijun Sen).
USD/JPY focus on US calendar
The pair is retracing the overnight spike to the 119.50 region following a resurgence of the selling pressure around the US dollar. Spot has been closing with losses since Monday, giving away last week’s gains to recent peaks near 120.80, against the backdrop of softer-than-expected US data and some JPY-supportive comments from Japanese officials.
USD/JPY relevant levels
The pair is now down 0.09% at 119.04 with the next support at 118.79 (low Apr.15) ahead of 118.71 (low Apr.3) and then 118.33 (low Mar.26). On the flip side, a break above 119.75 (high Apr.16) would aim for 119.82 (Tenkan Sen) and finally 120.00 (Kijun Sen).