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USD: Extending broader gains

USD
  • It is starting to become another decent volatile session for the Yen, helped by the push higher in US Yields following the US ADP beat.
  • USDJPY has extended through and above 145.00, but next resistance is now seen much further out, up to 146.18 50-day EMA.
  • USDCHF on the follow is back up to the 0.8500 handle, but most market participants will likely look for the net area of interest up to 0.8521, last Week's high.
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  • It is starting to become another decent volatile session for the Yen, helped by the push higher in US Yields following the US ADP beat.
  • USDJPY has extended through and above 145.00, but next resistance is now seen much further out, up to 146.18 50-day EMA.
  • USDCHF on the follow is back up to the 0.8500 handle, but most market participants will likely look for the net area of interest up to 0.8521, last Week's high.