Fxstreet.com (Buenos Aires) - USD/JPY reached the 90.50 support, and bounced slightly to the upside, yet sentiment keeps the pair strongly bearish. Almost oversold in the weekly chart, pair has no signs of correcting, and would likely extend the fall approaching to key 90.00 level. Daily close under that zone, will confirm midterm further falls and send the pair to test the 87.10 lows, from past January.
GBP/JPY fell to the 150.00 area while EUR/JPY tested the 132.00 level, as both European currencies fell strongly after Wall Street opening; now recovering some ground, Euro remains under 1.4600 while Gbp under 1.6700 level. Choppy wide movements continue across the board, with majors jumping 50 pips up and down, following stocks and gold strong movements.