USD/JPY chart - Trading View
USD/JPY was trading 0.03% lower on the day at 105.68 at around 04:10 GMT.
Price action has slipped below the 106 handle as recovery attempts in the pair have been rejected at 50-DMA.
Fresh US-China trade war fears keep the pair depressed. Also, Suga’s election victory earlier strengthened the yen.
Technical analysis support weakness in the pair. Scope for test of trendline support at 105.16.
Further weakness will drag the pair to test 104 levels. 5-DMA is immediate resistance at 105.88. Bearish invalidation above 50-DMA.
Support levels - 105.16 (trendline), 105, 104.18 (July 31st low)
Resistance levels - 105.88 (5-DMA), 106.03 (21-EMA), 106.20 (50-DMA)


Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major European Indices
FxWirePro: EUR/AUD under pressure as key support gives way
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/CAD extends decline on broad dollar weakness
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 



