The recent yen weakness continues at pace 19 Sept
I noted the solid dip demand in my EURJPY orders post again and we're seeing EURUSD up to 1.1990 with USDJPY rallying further to 111.84.
GBPJPY demand has cable pushing up to 1.3552 taking out some resistance around 1.3530 and showing some good support around 1.3480 post-Carney at the IMF. yesterday saw a decent retreat from the 151.50 area . A break of that now would help accelerate the move but core pair rally sellers will be poised at 1.3580-00 and 112.00
AUDJPY demand to 89.25 also helping to underpin AUDUSD between 0.7960-70
Good rallies on all these pairs so far so we should expect some pause for thought as Europe gets fully underway and more liquidity returns.
Nikkei 225 also up 2% to 2-year highs and one is feeding off the other.
GBPJPY 15m
