Spot USDJPY, Nikkei, Topix, FTSE China A50, Hang Seng CE Index, Hang Seng

Forecast for 21st February 2013 Spot USDJPY USDJPY managed a bounce to resistance at 93.75 but not much further as anticipated. The 93.75/94.00 area could hold any bounce again today with the outlook remaining quite negative. However above 94.00 we may retest this week’s high at 94.22. Doubtful we can push any higher but a test of 94.40/46 highs should provide a very nice selling opportunity. Further weakness is expected eventually for a test of good support at 93.00/90. This could provide a

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Spot USDJPY, Nikkei, Topix, FTSE China A50, Hang Seng CE Index, Hang Seng