USD/JPY holding bid after month-end rally Friday
USD/JPY holding bid after rally Friday, on month-end position adjustments
To 150.99 Friday, Asia so far in new month 150.56-151.02
Bid now but more upside? Depends on news, fresh moves in US rates
US yields actually off from Friday, heavy, Treasury 2s @4.024%, 10s @4.242%
USD/JPY back above 150.43 daily Ichi tenkan, 200-DMA/kijun 152.39-40 above
Hourly chart shows triple high of sorts at Friday's, today's high
Support from hourly tenkan at 150.68, kijun/200-HMA 150.00/06 below
Massive, $1.2 bln in option expiries between 150.75-80, gravitational pull?
Market awaiting more news on Trump tariffs, Ukraine, situations in flux?
US data Friday showed consumption down, PCE price index up
USD/JPY trend still seen down, rally Friday merely a speed bump?
Related comments , , ,
Yen bull view , also , on Trump tariffs
US markets , , ,
For more click on
