USD/JPY supported by Treasury yield rebound, but US data drag so far
Monday, May 18, 2015 1:22 PM UTC
- Treasury yield rebound from Fri's data-driven plunge supports USD/JPY on the day
- Japan bidders remain c119 on foreign asset buying/yield pick-up after recent profit-taking
- Spec & exp offers into 120 & Cloud top at 119.98; expiries heaviest by there
- Short-Term cycle turning back up, but sideways Medium-Term mean reverting dominates
- Mostly US housing data until CPI on Fri; Fed tightening doubts without data surge
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro- Major European Indices 
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 
FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
FxWirePro: GBP/NZD slide lower shifts pressure to the downside 
FxWirePro- Woodies Pivot(Major) 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major US Indices 
