USD/JPY is currently trading at 119.64 with a high of 120.16 and a low of 119.24.
USD/JPY
is flat with a familiar range. Price is subject to risk-on or risk-off
themes as we progress through the sessions. The 200 DMA remains the key
resistance at 120.88 today while the downside key support stays with
119.20 today. Stocks picked up in the European shift while the US is
performing a little better as well albeit still mainly in the red.
Commodities
have picked up and there is a general stabilization in today's US
sessions while we await key data with the Nonfarm Payrolls at the end of
the week. From Japan, we will see industrial production and retail
sales ahead of the Q3 Tankan sentiment survey.
Source : FxStreet
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