USD/JPY chart - Trading View
USD/JPY was trading 0.11% higher on the day at 107.71 at around 04:15 GMT after closing unchanged in the previous session.
The pair has held strong support at 21-EMA (107.34) and bounced off with 'Doji' formation in the previous session.
Momentum studies are bullish. RSI is above 50 and Stochs are biased higher. Scope for further gains.
Price action is within daily cloud and 110-EMA is major resistance at 108.06.
The pair is currently extending grind along 55-EMA from the past few sessions and breakout above 110-EMA will see further bullishness.
On the flipside, break below 21-EMA will negate any upside bias in the pair. Dip till lower Bollinger band then likely.
Major Support Levels:
- S1: 107.34 (21-EMA)
- S2: 107.05 (20-DMA)
- S3: 106.70 (Cloud base)
Major Resistance Levels:
- R1: 108.06 (110-EMA)
- R2: 108.28 (200-DMA)
- R3: 108.85 (50% Fib)
Summary: Watch out for break above 110-EMA for further upside in the pair.


EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro- Woodies pivot (Major)
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro- Woodies pivot (Major)
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



