USD/JPY chart - Trading View
USD/JPY has erased early gains and has retraced below daily cloud, reinforcing bearish bias.
The pair was trading 0.05% lower at 106.54 at around 04:30 GMT, edging lower from session highs at 106.87.
Dwindling risk sentiment due to US President Donald Trump’s comments on the US-China trade deal keeps downside pressure.
The major is extending bearish streak for the 7th straight session, volatility is rising.
GMMA supports further weakness. Both major and minor trend for the pair is strongly bearish.
'Death Cross' (bearish 50-DMA crossover on 200-DMA) to plummet prices further. Next major bear target lies at 61.8% Fib at 105.20.
Upside remains capped at 5-DMA (106.93), break above to see test of 21-EMA at 107.57.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Bank of America Posts Strong Q4 2024 Results, Shares Rise
FxWirePro-Major European Indices
FxWirePro: USD/ZAR dips below lower range, bearish bias increases
EUR/JPY Powers Higher for 2nd Day — Bulls Charge Toward 187+ Breakout
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
FxWirePro: NZD/USD consolidating around 0.6030 , bias is bullish
FxWirePro: GBP/NZD outlook weaker on renewed downside pressure
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
USD/CHF Pauses After 200-Pip Rally — Buy Dips Near 0.775, Target 0.790
Urban studies: Doing research when every city is different
Stock Futures Dip as Investors Await Key Payrolls Data
Energy Sector Outlook 2025: AI's Role and Market Dynamics
China's Refining Industry Faces Major Shakeup Amid Challenges
FxWirePro: USD/CAD attracts selling interest, vulnerable to more downside 



