Friday, October 16, 2026

Technicals

Add as a preferred source on Google

FxWirePro: Japanese Yen strengthens after NFP job results, intraday bias remains bearish

USD/JPY is currently trading around 111.48 marks. It made intraday high at 111.79 and low at 111.42 levels. Intraday bias remains bearish for the moment. Pair remains well supported below 112.00 and confirms bearish tren…

By Cynthia Firey Eakin
1 min read
FxWirePro: Japanese Yen strengthens after NFP job results, intraday bias remains bearish
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 111.48 marks.
     
  • It made intraday high at 111.79 and low at 111.42 levels.
     
  • Intraday bias remains bearish for the moment.  
     
  • Pair remains well supported below 112.00 and confirms bearish trend for the moment.
     
  • US Non-farm payrolls rose by 215,000 in March, compared to the 205,000 new jobs which were expected by market analysts.
     
  • On the other side unemployment rate was little changed at 5% after two months of hovering at an eight-year low of 4.9%.
     
  • A daily close below 111.34 will take the parity down towards 110.66/109.62 levels.
     
  • On the top side, key resistance levels are seen at 112.60, 113.43, 113.98 and 114.28 marks.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team