FXstreet.com (Barcelona) - The widest movements in the USD/JPY chart on Friday were made in early Asian session, first with a jump to 78.37 high followed by a retracement of gains that turned into losses of -0.05% on the day, at 78.14 low. The pair has been stuck under a tight range since the European session, and although the NY opening is helping price moves on the chart, the market is still far from breaking the range.
Japanese data indicating the foreign buying of Japan stocks in the week ending at September 14, points to ¥60.4B (from ¥65.9B), while Japan buying Foreign Bonds was of ¥64.4B (from ¥787.0B). At the moment of writing, the USD/JPY trades at the opening price, at 78.21, around a range of 78.15/25.
Mataf.net analysts point to resistances at 78.35, 78.85 and 79.20. On the downside, supports might be found at 78.05, 77.70 and 77.35.
Japanese data indicating the foreign buying of Japan stocks in the week ending at September 14, points to ¥60.4B (from ¥65.9B), while Japan buying Foreign Bonds was of ¥64.4B (from ¥787.0B). At the moment of writing, the USD/JPY trades at the opening price, at 78.21, around a range of 78.15/25.
Mataf.net analysts point to resistances at 78.35, 78.85 and 79.20. On the downside, supports might be found at 78.05, 77.70 and 77.35.
