USD/JPY chart - Trading View
USD/JPY was trading 0.07% higher on the day at 104.99 at around 05:45 GMT, outlook remains bullish.
Greenback continues to gather strength despite the upbeat market mood. Broad-based USD strength fueled USD/JPY's climb.
Data published on Monday by the ISM and the IHS Markit both showed that the economic activity in the US manufacturing sector continued to expand at a strong pace in January.
The pair has bounced off intraday low, resumes upside to test 105 handle, scope for further upside.
Technical indicators are bullishly aligned. The pair is extending gains for the 5th straight session.
Momentum indicators are bullish, volatility is high and rising as evidenced by widening Bollinger bands.
Analysis of GMMA indicator shows minor trend is strongly bullish, while major trend is turning bullish.
Price action is extending break above 110-EMA and is on track to test 200-DMA at 105.61. Any further gains only on break above.


FxWirePro- Major Pair levels and bias summary
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: GBP/USD falls to two-week low on strong US jobs data 



