Chart - Courtesy Trading View
- USD/JPY was trading 0.24% higher on the day at 132.62 at around 09:55 GMT
- The pair is extending sideways for the 3rd consecutive session, bias is neutral
- Price action has slipped below 200-DMA, and is well below the daily cloud
- Improvement in risk tone weighs on the dollar, though hawkish Fed expectations help limit losses
- Upbeat US data released on Thursday pointed to a still-tight labour market and resilient economy
- Focus going forward remains on release of the US Personal Consumption Expenditure (PCE) data
- Core PCE Price Index will provide fresh cues on inflation and influence the Fed's rate-hike path
- Japanese Finance Minister Shunichi Suzuki said on Friday that he doesn't see any changes to the BoJ's policy
Major Support Levels: 131.72 (55-week MA), 126.54 (21-EMA)
Major Resistance Levels: 133.20 (5-DMA), 134.70 (200H MA)
Summary: USD/JPY grinds sideways for the third consecutive session. Bias is still bearish, bearish invalidation only above 200-DMA.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro- Woodies pivot (Major)
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro- Major Pair levels and bias summary
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro- Major Crypto levels and bias summary
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 



