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15 May 2015
USD/JPY bid at 119.00 – AceTrader
FXStreet (Barcelona) - The AceTrader Team shares the technical outlook and key levels for USD/JPY.
Key Quotes
“Although dlr moved sideways in NY session after a rebound from 118.94 to 119.34 due to steepening of U.S. treasury yield curve between five-year notes and 30-year bonds.”
“Price jumped to a high of 119.49 at Tokyo open as rise in Nikkei index (currently up 0.56% to 19678) following a more than 1% gain in Dow on Thursday boosted risk appetite and triggered another wave of selling in yen vs other major ccys.”
“At the moment, bids are noted at 119.20-10 and more around 119.00 with mixture of bids and stops at 118.80-70.”
“On the upside, offers from various accounts are tipped at 119.50/55 and then 119.70-80 with stops building up just above 120.00.”
Key Quotes
“Although dlr moved sideways in NY session after a rebound from 118.94 to 119.34 due to steepening of U.S. treasury yield curve between five-year notes and 30-year bonds.”
“Price jumped to a high of 119.49 at Tokyo open as rise in Nikkei index (currently up 0.56% to 19678) following a more than 1% gain in Dow on Thursday boosted risk appetite and triggered another wave of selling in yen vs other major ccys.”
“At the moment, bids are noted at 119.20-10 and more around 119.00 with mixture of bids and stops at 118.80-70.”
“On the upside, offers from various accounts are tipped at 119.50/55 and then 119.70-80 with stops building up just above 120.00.”